Every reporter: Wen Menghua Bi Yuanyuan Every editor: Wen Menghua
“Changjin Lake” has exploded, but it can’t pull the short-term stock price of film stocks?
When the market opened on October 8, the entire cultural media market rose, but the movie and theater stocks did not usher in the expected surge. Instead, they opened higher and lowered lower.
As of the close of October 8, the cultural media index rose by 2.96%, while Chinese films fell by 6%, Shanghai Films fell by 3.04%, Guangguang Media fell by 3.63%, Hengdian Film and Television, Xingfu Lanhai, etc. fell 0.31% and 0.16% respectively. Only the share prices of Huayi Brothers and Wanda Films rose slightly.
Some analysts pointed out that hot movies may bring short-term speculation to film and television stocks, but box office speculation is a thing of the past, and it is not advisable to link the box office with film and television stocks too deeply.
Image source: WIND
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