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China Galaxy Securities: "Ne Zha" leads the Spring Festival box office, Bullish on the growth of annual box office in 2025.
The impressive performance of this Spring Festival box office is closely related to the high recognition of domestic IPs by the audience and the subsidies of the movie consumer season.
The film market welcomes a "good start"! The pre-sale box office for the Spring Festival season easily surpasses 0.2 billion, with multiple A-share film and television companies gathering.
Short-term Bullish expectations for the improvement of the Large Cap during the 2025 Spring Festival period.
Hengdian Film & Television Co., Ltd. 2024 Annual Results Forecast
According to Open Source Securities, the total box office during the Spring Festival in 2025 is expected to reach a new high, focusing on production companies and film investment theater companies.
In recent years, the status of the Spring Festival period has gradually risen among all time periods throughout the year, with its share of the annual box office increasing from 10% in 2018 to 19% in 2024.
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