The Beijing Winter Olympics is about to open, and the Winter Olympics concept stocks have also attracted much market attention. At present, there are more than 70 A-share Winter Olympic concept stocks, involving venue construction, communication, ice and snow sports, sponsorship and other links, and participating in the service and guarantee of the Winter Olympic Games in an all-round way. Investors are also very concerned about the participation of Listed Companies in the Winter Olympics. Since 2022, the interactive and easy platform of Shenzhen Stock Exchange has more than 1000 interactive questions and answers about the Winter Olympics. From the perspective of the whole winter Olympic concept sector, the Winter Olympic concept stocks have ushered in a wave of rise since November 2021. However, affected by the overall market, the share price of the sector has fallen recently. Insiders believe that with the official start of the Winter Olympic Games, there may still be investment opportunities for Winter Olympic concept stocks
more than 70 shares involved in the Winter Olympic concept
China stock market news shows that there are currently 73 stocks in the Beijing Winter Olympics concept sector, involving venue construction, communication, sponsorship, suppliers and other aspects.
In terms of venue construction, Juli Sling Co.Ltd(002342) , Luoyang Northglass Technology Co.Ltd(002613) and other listed companies said they were involved. For example, Juli Sling Co.Ltd(002342) said on the interactive platform of Shenzhen stock exchange that as the landmark building of Beijing Winter Olympic Games, the company created the first application of domestic high vanadium closed rope in this project. Luoyang Northglass Technology Co.Ltd(002613) said that Tianjin North glass, the holding subsidiary of the company, provided curtain wall glass for the “ice ribbon” of the national speed skating Hall of the Beijing Winter Olympic Games.
Event broadcasting is also an indispensable and important link in the Winter Olympic Games. Individual stocks such as Beijing Gehua Catv Network Co.Ltd(600037) , Hylink Digital Solution Co.Ltd(603825) participate in this link. Among them, Beijing Gehua Catv Network Co.Ltd(600037) is the official cable TV supplier for the Beijing Winter Olympic Games, mainly responsible for the construction of cable TV network system for the Winter Olympic Games; Hylink Digital Solution Co.Ltd(603825) is the exclusive provider of official communication agency services for the Beijing Winter Olympic Games and the winter Paralympic Games, and will fully support a series of work of the Beijing Winter Olympic Organizing Committee in communication strategic planning, promotion activity planning, public opinion monitoring and response, press release and so on.
According to public information, by the end of 2021, BOCOG had collected 29 franchised production enterprises and 58 franchised retail enterprises, and successively developed more than 5000 franchised products in 16 categories. For example, Beijing Yuanlong Yato Culture Dissemination Co.Ltd(002878) said that the company will supply Winter Olympic licensed goods for venues during the Winter Olympic Games, and has submitted more than 600 self-designed Winter Olympic commemorative products to the Olympic Organizing Committee. And Hangzhou Wensli Silk Culture Co.Ltd(301066) said that the company is a supplier of ribbons for the Beijing Winter Olympic Games.
In addition, in order to ensure the smooth progress of the event, many companies said they would actively participate in the service work of the Winter Olympic Games. For example, Blue Sail Medical Co.Ltd(002382) said that the company actively participated in the volunteer service guarantee of Winter Olympic cities, Allmed Medical Products Co.Ltd(002950) said that the company participated in the supply of epidemic prevention materials for Winter Olympic venues and staff.
Wang Chikun, an independent economist, said that while the Beijing Winter Olympics will bring people spiritual food like a warm winter sun, it is bound to promote the development of relevant industries, including venue operation, live broadcast of events, content services, sports equipment and other industries; The Olympic Games has always been an exhibition place for various latest technologies, including 5g, VR, AR, artificial intelligence, meta universe and other concepts, related technologies and industries will show their skills.
insiders are optimistic about the future market
With the approaching of the Olympic Games, the concept sector of the Winter Olympics will rise sharply at the end of 2021 and fall back recently. However, insiders are still optimistic about the concept of Winter Olympics after the Spring Festival.
The Winter Olympics concept sector has been “taking off” since November 2021. According to China stock market news, from November 1, 2021 to January 17, 2022, the cumulative increase in the sector range was 23.12%, and the overall turnover was 982.8 billion yuan. Since January 17, the Winter Olympic concept sector has fallen back. From January 17 to 26, the cumulative decline in the sector range was 9.16%. Since November 1, 2021, the overall turnover of the Winter Olympic concept sector has reached 1.15 trillion yuan.
On January 26, the Winter Olympics concept sector closed down 0.33%, with a turnover of 17.965 billion yuan. From the situation of individual stocks, as of the closing on January 26, the share prices of 40 stocks rose, 29 stocks fell and 4 stocks closed flat. Among them, Beijing Kingee Culture Development Co.Ltd(002721) led the rise and closed at the daily limit. As of the closing on January 26, Beijing Kingee Culture Development Co.Ltd(002721) reported 4.09 yuan / share, an increase of 9.95%, with a total market value of 3.926 billion yuan.
According to the data, Beijing Kingee Culture Development Co.Ltd(002721) is mainly engaged in the R & D, design, production, processing and sales of precious metal crafts and gold jewelry. However, although Beijing Kingee Culture Development Co.Ltd(002721) has obtained the qualification of a licensed retailer for the Winter Olympics, Beijing Kingee Culture Development Co.Ltd(002721) previously replied on the interactive easy platform that the company has no products related to the Winter Olympics.
For the company’s related problems, the reporter of Beijing Business Daily called the Beijing Kingee Culture Development Co.Ltd(002721) Secretary Office for an interview. The staff of the other party said that they could send the interview letter to the company’s mailbox, but as of press time, they had not received a reply from the other party.
Zhou Yunnan, founder of Beijing Nanshan investment, said in an interview with the Beijing Business Daily that the opening ceremony of the Winter Olympics coincides with the Spring Festival holiday of the stock market. With the official start of the Winter Olympics, the publicity effect and attention of the Winter Olympics will rise sharply. After the opening of the Spring Festival, the attention of the events will also be transformed into a hot spot in the stock market, and the Winter Olympics concept stocks will usher in another wave of speculation.
However, Xu Xiaoheng, an investment and financing expert, also reminded investors that it is not ruled out that there is the possibility of companies “fishing in troubled waters” rubbing hot spots. Investors should not blindly hype the concept, but should also pay attention to the relevant degree of the company’s participation in the Winter Olympics and the company’s fundamentals.
