The box office broke 800 million in 3 days! "Changjin Lake" is on fire, and the stock price of listed companies may hit a new high after the holiday

The box office on the first day of its release on September 30 was 204 million, and the box office on the day of National Day was 409 million. The box office of the National Day movie " Changjin Lake " produced by Chinese films has been rising since its release. According to data from the professional version of Maoyan, as of today's press time, the box office of the movie "Changjin Lake" has exceeded 217 million yuan on that day. Within three days of release, the box office has exceeded 800 million yuan.

According to the reporter's understanding, "Changjin Lake" is co-directed by Chen Kaige , Tsui Hark and Lin Chaoxian , starring Wu Jing, Yi Yang Qianxi . According to media reports, its production cost is as high as 1.3 billion yuan, setting a record for the cost of Chinese-language movies. This film is a film project creation of a listed company's Chinese film, which shows the steel will of the Chinese People's Volunteers and the brave and fearless fighting spirit. As a leading enterprise in my country's film industry, " 中影" has a strong influence and appeal on the entire Chinese film market. The box office of the film "Changjin Lake" on the third day of its release has exceeded 200 million yuan, creating a list of Chinese film history. 11 film history records including daily box office, currently Douban scores 7.6 points. The other two films of the Chinese movie "National Day Trilogy" are " and my father " and "everything about my mother". From the perspective of ordinary people, "My Father and Me" tells the stories of ordinary people, reflecting the traditional Chinese virtues, excellent family style, and the inheritance of Chinese spirit. The cumulative box office exceeded 339 million yuan in 3 days; "All About My Mom" ​​is The movie about mother-daughter family relationship was released for 14 days with a total box office of 137 million yuan.

According to public information, Chinese film ’s main business includes six business segments: creation, distribution, screening, technology, service, and innovation, covering films and drama production; domestic and imported films promotion and distribution, derivatives operations, etc. . The 2021 semi-annual report of Chinese Films shows that the company has led or participated in the production and put on the market a total of 8 films, with a cumulative box office of 12.334 billion yuan.It accounted for 55.99% of the total box office of domestically produced movies in the same period; 353 films were released, achieving a box office of 21.269 billion yuan, accounting for 84.97% of the total box office of the country.

In terms of the performance of the secondary market, the stock price of China Films bottomed out at the second lowest point of 10.97 yuan/share on August 9 and rebounded so far, achieving a cumulative increase of over 21%. As of September 30, it closed at 13.49 yuan/share. With a total market value of 25.1 billion yuan, how will the Chinese film stock price behave on the first trading day after the holiday?

Hualong Securities Chongqing Xinhua Road Sales Department Investment Consultant Zhao Haihong said that the company is the leading company in my country’s film industry with the strongest comprehensive strength, the most complete industrial chain, and the most extensive brand influence. "Lake" is the main investment work of China Film. At present, the box office during the National Day may break through 1 billion yuan, and this year's performance will have a good performance. In the third quarter, the stock market broke out of the sharp divergence of "ice and fire", and the major consumer sectors represented by consumption and medicine fell sharply. After the holiday, investors still suggested to pay attention to the cycle and the possibility of performance exceeding expectations for securities companies. On the other hand, sectors with relatively stable and substantial long-term returns, such as the Internet, consumer, and pharmaceuticals, have already responded adequately to the immediate negative. Once the profits of the relevant companies are confirmed, they will also usher in a very good timing. China Movies still have room to rise, and they may perform well in the A-share market after the holiday, and the total market value may hit a new high in the near future.

Upstream journalist Feng Shengyong

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