Industry trends & Company News
In 2021, the global revenue of 8 mobile games exceeded US $1 billion, and Chinese game companies took the top three. The compliance guidelines for blind box business activities in Shanghai were released
The State Administration of radio, film and television has achieved tangible results in the special treatment of short video
Important announcements of listed companies
Wasu Media Holding Co.Ltd(000156) : performance forecast for 2021
Investment advice
This week, the performance of the culture and media industry cooled down, and the concept stocks of the meta universe in the industry continued to show the characteristics of rotation, and the stocks that had risen too high had a callback market. This week, we continue to suggest to pay attention to the driving effect of yuanuniverse theme on low-end stocks in the industry. China’s leading Internet companies continue to promote the layout of yuanuniverse, and some local governments have successively issued relevant policies to support the development of the industry. Therefore, the benefits of the theme are continuously released. Investors are advised to pay attention to relevant companies with stable performance growth + continuous benefits; In addition, we continue to suggest paying attention to relevant companies that benefit from the convening of the Winter Olympic Games. To sum up, we maintain the “optimistic” investment rating of the media industry and recommend Focus Media Information Technology Co.Ltd(002027) (002027), Bluefocus Intelligent Communications Group Co.Ltd(300058) (300058), Hubei Century Network Technology Inc(300494) (300494), Kunlun Tech Co.Ltd(300418) (300418), China Sports Industry Group Co.Ltd(600158) (600158).
Risk tips
Macroeconomic downturn; Major policy changes in the industry; Industry demand does not meet expectations; The progress of state-owned enterprise reform did not meet expectations, and the black swan incident continued to have an impact.
