00326 CHINA STAR ENT
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CHINA STAR ENT News
Breaking through 41 billion! The annual box office is still racing. Next year's Spring Festival lineup is "a big hit" | Year-end summary.
① The 2024 film market has entered the final sprint phase, and as this year's last major release period, the box office for the New Year's season has surpassed 2.1 billion yuan. The total box office for China Film Co., Ltd. in 2024 has reached 41.696 billion yuan; ② With the recovery of production capacity and the scheduling of blockbusters, the industry generally has a good expectation for the 2025 Spring Festival release period, with several listed film companies presenting "big hits" to compete in next year's Spring Festival.
The Spring Festival season is approaching! Hong Kong stock movie shares are rising in response, ali pictures has increased by over 5%.
① What measures has the government implemented to boost consumer spending in the film industry? ② How do the institutions view the film market in 2025?
Market Update | Movie concept stocks continue to heat up, maoyan ent rises over 8% leading the charge, with films for the 2025 Spring Festival gradually being scheduled.
The concept stocks of movies continue to gain popularity.
Huajin Securities: The IP industry steadily improves and promotes the development of various links in the industry chain.
With the diversification of media channels, the increasing number of diverse small IPs and subculture IPs, IP that is shorter, faster, and more emotionally direct has become a new preference.
CSC: Global AI video collective acceleration, firmly bullish on the media industry's market trend in the fourth quarter of this year.
In-depth review of the performance of the media sector in the fourth quarter of the past five years, the driving points of the media market include the trend of shenzhen new industries biomedical engineering, sector undervaluation, and expectations of performance improvement.
China International Capital Corporation: During the National Day holiday, various consumer data saw a significant year-on-year growth. Categories such as household appliances, gold, and jewelry showed impressive performance.
In 2024, the consumer data for the "Golden Week" have been successively released. Overall, with the strong support of national policies to promote consumption and stabilize the economy, various consumption data during the Golden Week have shown significant year-on-year growth, and also improved compared to the previous period.
CHINA STAR ENT: INTERIM REPORT 2024
CHINA STAR ENT: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30TH JUNE 2024
China Star Group (00326.HK) expects to increase its mid-term losses.
China Star Entertainment (00326.HK) announced on August 27 that the group is expected to record a comprehensive loss of HKD 115,000,000 to HKD 135,000,000 for the six months ended June 30, 2024, compared to HKD 82,446,000 for the same period. The increase in loss is mainly due to a significant increase in market promotion, sales, and distribution expenses in property sales and multimedia and entertainment business, with market promotion, sales, and distribution expenses increasing to approximately HKD 49,000,000 (compared to HKD 12,360,000 in the same period last year); and administrative expenses are about 64 million Hong Kong dollars.
China Star Group (00326) issued a profit warning, with an expected mid-term loss of approximately 0.115 billion-0.135 billion Hong Kong dollars, an expansion of the year-on-year loss.
China Star Group (00326) announced that the group expects to achieve comprehensive results for the six months ended June 30, 2024...
CHINA STAR ENT: INSIDE INFORMATION PROFIT WARNING
Ping An Securities: The supply side of the movie theater line sector is gradually recovering, and the gaming sector may usher in a new round of product cycle.
With the encouragement and support of national policies, the supply of game and IP reserve products is sufficient, and the gaming sector may usher in a new product cycle.
CHINA STAR ENT: SUPPLEMENTAL ANNOUNCEMENT IN RELATION TO THE ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023
China Star Ent (00326.HK) will hold a board of directors meeting on August 29 to approve mid-year performance.
China Star Ent (00326.HK) announced on August 19th that the board of directors will hold a meeting on August 29th, 2024 to consider and approve the unaudited mid-term performance of the company and its subsidiaries for the six months ending on June 30, 2024, as well as to consider the distribution of interim dividends (if any).
CHINA STAR ENT: DATE OF BOARD MEETING
Hong Kong stock concept tracking | Summer box office in 2024 broke 4.5 billion, marginal recovery of the film industry chain (attached conceptual stocks).
The movie 'Claw Machine' will officially be released on July 16th. The film began its preview on July 13th and earned box office revenue of 0.156 billion on its first day. As of 9am on the 16th, its preview and pre-sale total box office has exceeded 0.5 billion.
The market is heating up! "Claw Crane" has broken 0.5 billion in box office and is heating up the summer season. The audience heat is expected to continue during this period.
The movie "Claw Doll", starring Shen Teng and Ma Li, has already earned 0.5 billion box office before its release, leading to a decline in the overall summer film market. The film is produced by Wanda Film Holding, China Ruyi's Ruyi Film, China Film Co., Ltd., among others, and co-produced by Hengdian Film under Hengdian Entertainment, among others. Industry insiders believe that "Claw Doll" will be a strong competitor for this year's summer box office champion and is expected to ignite the summer film market this year.
Express News | GTJA: Various parties participating in the summer movie season are expected to benefit, pay attention to two main lines.
Express News | The investment opportunities in the gaming and film sectors are worth noting, according to Pacific Securities. Pacific Securities' research report pointed out that in recent times, several existing games have been updated and new games have been launched,
Express News | CICC: It is estimated that the box office of this year's summer season will range from 17.5 billion yuan to 21.7 billion yuan.
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