The box office of Shanghai film weakens, the number of viewers decreases, and the performance of Shanghai film in the first three quarters is under pressure. | Interpretations
① Due to the weak performance of the large cap film market this year combined with the decline in audience numbers, the revenue and net profit of Shanghai film in the first three quarters decreased year-on-year. ② Considering the smooth progress of the company's major IP business, a blockbuster animated film is scheduled for release next year, and institutions expect the company to have a prosperous year in terms of product development.
Concept Dynamics | Cailian News Theme Library Adds "Zhipu AI"
On October 25, 2024, zhipu AI launched its self-developed intelligent body AutoGLM, which is a mobile operation assistant that can simulate user clicks on the screen, as well as a browser assistant for clicking on web pages. Currently compatible with 8 well-known application software such as WeChat, Taobao, Meituan, Xiaohongshu.
Shanghai Film: Two animated works will be launched next year | Focus on the earnings conference
①At today's earnings conference, the secretary of the board of directors of shanghai film revealed that two highly anticipated animated works, 'Summer of Little Monsters' and 'Chinese Tales 2', are currently in the production process, and are scheduled to be launched in 2025; ②In addition, the shortage of high-grossing quality films has disrupted the cinema's business model that mainly relies on box office revenue from release schedules. Shanghai film has begun to implement a new spatial operation plan focusing on core business districts.
China Film Co., Ltd.: The film market is entering a time of change, and two major films will be released during the National Day holiday.
①At the semi-annual earnings conference of China Film Co., Ltd. held today, attention was drawn to how to deal with the downturn in the film market and the situation of new film reserves in the second half of the year. ②Fu Ruqing, chairman of the board of directors, stated that in recent two time slots, the top films did not have sufficient driving force for the large cap, and both domestic and imported films require a significant increase in both quantity and quality. ③Currently, two major domestic films from China Film Co., Ltd. will be released during the National Day period, and 7 imported films are scheduled to be released by the end of the year.
Data Analysis: Gold ETF trading volume increases significantly on a month-by-month basis. Quantitative funds invest over 80 million to grab shares in Huayi Brothers Media Corporation.
Among the top ten ETFs with the highest increase in turnover compared to the previous trading day, icbccs gold etf(159937) ranked first with a 155% increase. Huayi Brothers Media Corporation, a concept stock in the film and game industry that hit the limit up, was bought by the Shanghai branch of CITIC Securities for over 80 million.
The Hong Kong stock index fell more than 1%, A-share pharmaceuticals were active, real estate pulled back, and Wanda movies rose and stopped
On Wednesday, December 13, the three A-share indices all opened low. The Shanghai Index opened at 2997.34 points, down 0.20%. The Shenzhen Index opened at 9606.48 points, down 0.20%. The GEM index opened at 1899.34 points, down 0.24%. The Beijing Stock Exchange 50 Index opened 0.11% lower. Hong Kong stocks opened lower today. The Hang Seng Index opened down 0.38% to 16311.71 points, and the Hang Seng Technology Index fell 0.72%. Xiaopeng Motor fell by more than 3%, JD Group, GDS, and NIO fell by more than 2%, and Alibaba and Baidu Group fell by more than 1%. As of press release, the Hengke Index is down more than 1%. A