As of 10:27 on December 29, 2023, the media sector continued to strengthen, with the Entertainment Media ETF (516190) rising more than 3%, led by Chinese **, up nearly 13%, and Kaiying Network, Shanghai Film, and Baotong Technology followed suit, up more than 8%.
On the news side, on December 29, the pre-sale box office of new films on New Year's Day in 2024 exceeded 500 million, showing the enthusiasm of the audience and the prospects of the market.
Wanlian ** believes that in 2023, theaters will resume operation, policies and measures to expand domestic demand and promote consumption will continue to exert force, movies, as an important scene of offline consumption, will show a good recovery trend, the major schedules will exceed expectations, the New Year's Day schedule will have a New Year's Eve atmosphere, and the diversification of movie types will achieve full coverage of the audience, and the overall performance of the schedule will be optimistic.
Entertainment Media ETF (516190) is the only on-exchange ETF that tracks the CSI Entertainment Media ETF Index, with 50 constituent stocks in the index, involving **, live broadcast, games, movies, IPTV OTT, digital publishing, digital marketing, **education, events and performances and other related businesses to reflect the overall performance of the culture, entertainment and media theme sectors. The top 10 weighted stocks in the index include Focus Media, Sanqi Mutual Entertainment, Mango Supermedia, Kunlun Wanwei and other heavyweight stocks.
The content and data are for reference only and do not constitute investment advice. AI technology strategy is provided for Youlian Cloud.