Consumption Upgrades Activate Style Plate, ICBC Credit Suisse Stylistic Industry Continues To Lead

In November 8th, the mobile reading market leader of the mobile reading market went public in Hong Kong. On the first day, its market value was close to 100 billion, and the three trading day was 82.55%.

Driven by it, A share related plates and leading companies are also attracting market attention.

along with

Warmer, the related theme fund rose gratifying, among which outstanding performance is the ICBC's Credit Suisse stylistic industry, galaxy securities data show that as of November 10th, the fund rose nearly 23.88% in the past 3 months, ranking the same fund second.

From the three quarterly data of listed companies can be detected, agencies have begun to turn their attention to cultural media.

According to Wind data, three quarter fund, QFII and other institutions increased some media stocks.

Shen Wan Hongyuan said that after the three quarterly report, the overall growth of the gem was downwards, and the average price earnings ratio of the media sector was 40 times that of the A share industry.

In the context of the overall valuation center of the media sector, and at the same time, it is expected that the late policy level will gradually become more relaxed. We will continue to recommend high-quality platform leading companies with resource advantages and performance support.

With the gradual emergence of plate investment opportunities, the related theme funds have performed well.

According to galaxy securities data and Wind data statistics, as of November 10th, ICBC sports industry rose nearly 20% over the past 3 months, outperforming the same industry.

(15.16%) nearly 9 percentage points, exceeding the benchmark for the same period by nearly 20 percentage points.

Excellent stock selection capability has become the secret of the ICBC's sports industry. At the end of the three quarter, 2 of its ten major stocks rose by over 90% during the year.

As the second runner up of the active equity fund in 2016, the ICBC stylistic industry has achieved a cumulative return of 33.13% this year (up to November 13th, galaxy securities data), ranking the top ten of its kind, and 25.87% since its establishment.

On the basis of relative benchmarks, the fund also continued to achieve excellent excess returns for investors. According to Wind data, as of November 13th, the ICBC style industry exceeded the benchmark by more than 40 percentage points during the year, and the cumulative win rate was 84.61%.

Looking ahead, the industry believes that with the upgrading of consumption in China, the entertainment industry has broad prospects.

The "13th Five-Year plan" pointed out that the cultural industry will become a pillar industry of the national economy in 2020, and the nineteen reports put forward the promotion of cultural undertakings and the development of cultural industries.

In addition to the change of consumption upgrading, people pay more attention to the consumption of the spirit, which also brings an opportunity for the development of the sports industry.

Initiate

It is believed that the media industry is currently facing regulatory strengthening, the declining vitality of mergers and acquisitions, the upgrading of audience media and content, and the appropriate slowdown in growth rate can be expected and accepted.

In the long run, the proportion of cultural consumption in household consumption will continue to improve, and the categories will become richer, and the potential of cultural media industry will be endless.

Near the end of the year, investors will begin to plan for next year's investment, with stable growth performance and stagnant industries in the year.

If investors are optimistic about the future opportunities of the sector, we may wish to take advantage of such high-quality funds such as ICBC's sports industry.