Hong Kong Stock Market Concept Tracking | Refreshing the fastest record! 2025 Spring Festival Movie Presale Exceeds One Billion, These Listed Companies Joining the Market (with Concept Stocks)

According to the professional version of the lighthouse, the presale of the 2025 Chinese New Year film market started on January 19th, with only 40 minutes, and the presale box office of the season exceeded 10 million yuan, breaking the record for the fastest presale breaking 10 million yuan in Chinese film history. As of 14:27 on that day, the presale box office of the season exceeded one billion yuan, breaking the record for the fastest presale breaking one billion yuan in Chinese New Year film history! As of the time of writing, "The Legend of the Condor Heroes: The Great Hero of Chivalry", "Ne Zha: The Devil Child's Ocean Ruckus", and "Detective Tang 1900" ranked the top three in the presale box office list for the Chinese New Year season. Against the backdrop of a 5.6% year-on-year decline in global box office in 2024, the domestic film market achieved a box office of 42.502 billion yuan, recovering about 70% from its historical peak, a recovery rate better than the global average. The industry believes that from the total box office of over 40 billion yuan in 2024 to the sales over one billion yuan of six new films in the 2025 Chinese New Year season, are all signals of the recovery of the film market. Currently, the 2025 Chinese New Year season has formed a "six-strong competition" pattern. The mythological epic film "Fengshen Part 2: The Battle of Xiqi", the sequel to the Chinese animated box office champion "Ne Zha: The Devil Child's Ocean Ruckus", the martial arts film "The Legend of the Condor Heroes: The Great Hero of Chivalry", the comedy suspense action film "Detective Tang 1900", the military war film "Operation Deep Dragon", and the family-friendly animated film "Boonie Bears: Reboot the Future" have all been announced to be released during the Chinese New Year season. Among the six films, five are sequels to IP series. In addition to the strong foundation of IP, factors such as diverse genres, high special effects content, strong appeal of the main creators, and the increasing importance of the season have also become reasons for the industry's optimism about the performance of the Chinese New Year season this year. Looking at the 2025 Chinese New Year season, a number of visual effects blockbusters such as "Fengshen Part 2: The Battle of Xiqi" and "Ne Zha: The Devil Child's Ocean Ruckus" will be released, making the Chinese New Year season in the Year of the Snake the most visually spectacular. In addition, films such as "East Island" and "The Escort: Winds of the Desert" have gained popularity before their release, further fueling expectations for the 2025 China Film Co., Ltd. market. Wei Pengju, director of the Cultural and Economic Research Institute of Central University of Finance and Economics, said, "The Chinese New Year season is an important period for the film market to gather strength. The presale box office exceeding one billion yuan shows its potential to break the box office record for the season." The Chinese New Year season is a battleground for listed film companies. ALI PICTURES, Wanda Film Holding, Bona Film Group, China Film Co., Ltd., and other companies have participated in the production of multiple Chinese New Year season films. Specifically, according to the lighthouse professional edition, "Fengshen Part 2: The Battle of Xiqi" is jointly produced by 7 companies including Beijing Jingxi Culture & Tourism and ALI PICTURES; "The Legend of the Condor Heroes: The Great Hero of Chivalry" is jointly produced by 4 companies including China Film Co., Ltd. and Hengdian Film; "Ne Zha: The Devil Child's Ocean Ruckus" is jointly produced by 5 companies including Beijing Enlight Media; "Detective Tang 1900" is jointly produced by 6 companies including Wanda Film Holding, CHINA RUYI, and China Film Co., Ltd.; "Operation Deep Dragon" is jointly produced by 4 companies including Bona Film Group; "Boonie Bears: Reboot the Future" is jointly produced by companies including Huaqiang Film, Hengdian Film, China Film Co., Ltd., MAOYAN ENT, Wanda Film Holding, and CHINA RUYI. Central China Research Report pointed out that the performance of the 2025 Chinese New Year season is worth short-term attention. Considering that the Chinese New Year season is one of the most important periods of the year, able to release a large amount of box office energy in a short period of time, it has attracted many high-quality domestic films to be scheduled for release during the Chinese New Year season. The overall quality of films during this season is also at a higher level throughout the year. In addition, movie subsidies in many regions can cover the Chinese New Year season, helping to further stimulate audience inflow to cinemas and unleash the potential of film consumption. If the box office performance of the Chinese New Year season exceeds expectations, it is expected to drive the performance recovery and valuation increase of the film and television sector. "The total box office of the 2025 Chinese New Year season is expected to reach a historical high. Considering the number of viewers and the average ticket price, we predict that the total box office of the 2025 Chinese New Year season will be 8.4 billion yuan," said Guotai Junan Securities. Related concept stocks: MAOYAN ENT (01896): MAOYAN ENT, as a leading domestic online ticketing platform, domestic film distributor, and comprehensive internet entertainment marketing platform, has a layout that spans the industry upstream and downstream. In early January, Citibank released a research report stating that it had raised the target price of MAOYAN ENT (01896) by 2.2% from 9 Hong Kong dollars to 9.2 Hong Kong dollars, listing it as the first choice stock in the film industry with a "buy" rating. The company's revenue forecast for 2025 to 2026 was raised by 2% to 3%; adjusted net profit was raised by 5% to 9%. The bank stated that the company's worst time may have passed, and as the largest movie ticket platform, it is expected to benefit from better movie supply this year, with a rich lineup of films and the next catalyst being the Chinese New Year holiday season. The bank predicts that the total box office in mainland China in 2025 will reach 50 billion yuan, an 18% year-on-year increase. ALI PICTURES (01060): "Fengshen Part 2: The Battle of Xiqi" was jointly produced by Beijing Jingxi Culture & Tourism, ALI PICTURES, and other companies. CHINA RUYI (00136): According to Maoyan Professional Edition data, there were a total of 8 films that broke 1 billion in 2024, with the annual box office champion being the Spring Festival film "Hot and Spicy", accounting for 8.1% of the overall box office for the year. The top 10 films of the year were "Hot and Spicy", "Pegasus: The Power of Us", "Claw Machine", "The Second Twenty", and "Boonie Bears: Ultimate" among others."Time and Space", "Silent Killer", "Volunteers: Battle for Survival", "The Annual Meeting Must Not Stop!", "Godzilla vs. Kong 2: Rise of the Empire", "What kind of life do you want to live", Among them, Chinese films occupy eight seats, and imported films occupy two seats, covering genres including comedy, drama, crime, war, action, animation, etc. Among them, films produced by CHINA RUYI include "Honey", "Speed Life 2", "Claw Machine", "The Annual Meeting Must Not Stop!", and "Boonie Bears: Blast into the Past"."Bonjour, comment a va?" "Hello, how are you?"