那么，进入2026年后，没有了《哪吒2》《疯狂动物城2》等爆款，IP的生意如何做下去，这会是摆在中 国影视人面前的一个课题。 不稳定的市场亟须稳定的收入 稳定的收入，对于过去几年的中国影视行业而言，十分难得。从上市公司的财报数据来看，国内几乎没 有在收入、净利润、经营活动产生的现金流净额等方面持续增长或保持稳定的影视公司，依赖出品的影 视剧，希冀成为爆款是过去几年的常态。 "这其实也是全球影视行业的常态，只不过像美国、日本等国的很多影视公司在IP授权、衍生业务方面 做得很成熟，所以收入多元，且相对稳定，即使做不到每年都增长，抗风险能力也比较强。"从事电影 制片的金妍说。 "影视内容的创作有非常高的不确定性，并且我们的投入也很大，周期也很长。如果你没有能够面向全 球的市场发行能力，这里面的风险是相对较高的。" 爱奇艺高级副总裁张航表示，"每一个观众看完了 剧集都会和剧中角色产生很强的情感连接，但是这部剧播完了以后连接就断掉了。在线下让观众能够持 续保持甚至能够更加增强这种情感连接，这样会创造一个新的消费场，反过来还会让这个IP的价值变得 更好，为后续IP内容的线上开发积累一些势能。" 在今年春节档，《哪吒2》在 ...

①牛榜 - 影视股走强！百纳千成20%涨停，横店影视、金逸影视、博纳影业、上海电影、文投控 股、幸福蓝海等跟涨。影视传媒还能涨多少？ ②牛榜 - AI智能体、机器人概念双双走强！酷特智能、湖北广电、东方通信、南兴股份、正和生 态、宏英智能等个股涨停，蓝色光标、佳都科技、立方控股等个股涨幅居前。如何掘金产业链？ ③牛榜 - 中国成首个为央行数字货币计息经济体，数字货币概念突然爆发！A股这些公司要起飞了！ ④熊榜 - 海南板块跌幅居前，抢筹正当时？ 前言 市场迷雾重重，还在为抓不住市场热点而焦虑？《掘金板块牛熊》帮你精准把握风格切换信号，带领你 看懂热钱的情绪周期。 每个交易日午间解密当天盘面热点的核心逻辑，《掘金板块牛熊》让你踩准市 场节奏，财富增值不迷路！ 【每日早盘观察】 点击付费阅读，解密今日盘面热点的核心逻辑！ ...

Core Viewpoint - The market is experiencing a structural rotation rather than a comprehensive recovery, with funds shifting from previous hot themes like commercial aerospace to AI applications that have significant growth potential but are currently undervalued [4]. Group 1: Market Dynamics - The market is divided into two distinct segments: one characterized by enthusiasm for AI applications, and the other showing weakness in sectors like Hainan Free Trade Zone and retail, with over 2,700 stocks declining [4]. - The trading volume has decreased significantly, with a drop of over 1 trillion in transaction value, indicating a lack of overall market liquidity and a concentrated flow of funds into a few high-potential areas [4]. Group 2: Investment Strategy - Investors are advised to focus on AI application sectors while being cautious not to chase stocks that have already reached their peak during high emotional periods; instead, look for stocks with solid business logic that have not yet seen significant price increases [5]. - There is a need for vigilance regarding the overall market environment, as the shrinking trading volume is a warning sign; if the market does not show effective volume growth in the afternoon, caution should be exercised regarding the sectors that have shown strength [5].

Market Overview - The A-share market showed mixed performance with the Shanghai Composite Index down 0.1% at 3961.21 points, while the Shenzhen Component Index rose 0.23% and the ChiNext Index fell 0.06% [2][3] - The total trading volume in the Shanghai and Shenzhen markets was 1.29 trillion yuan, a decrease of 101.9 billion yuan compared to the previous trading day [3] Film Industry - The film sector experienced a significant surge, with the 2025 New Year box office reaching 5.245 billion yuan, marking the highest level in nearly eight years [6][5] - Notable stocks in the film sector included Baida Qiancheng, which hit the daily limit with a 20% increase, and Jin Yi Film, which also reached the limit [5][6] Robotics Sector - The humanoid robotics sector continued its upward trend, with stocks like Wuzhou Xinchun and Tianqi Co. both hitting the daily limit of 10% [7][8] - The establishment of a standardization committee for humanoid robots and embodied intelligence was announced, aimed at enhancing high-quality standards and promoting technology application [9] Semiconductor Industry - The semiconductor sector saw significant gains, with stocks like Zhuosheng Micro rising over 10% and Dongxin Co. increasing by over 6% [10][11] - A major acquisition by SMIC was announced, involving the purchase of a 49% stake in a subsidiary for 40.6 billion yuan, which will result in SMIC owning 100% of the subsidiary [12] Aerospace Sector - The commercial aerospace sector was active, with China Satellite and China Satcom both achieving new highs, and several stocks recording daily limits [13][18] - A new guideline was released to facilitate financing for commercial rocket companies, aimed at supporting the industry's growth and technological advancements [18]

Market Overview - The A-share market showed mixed performance with the Shanghai Composite Index down 0.1% at 3961.21 points, while the Shenzhen Component Index rose 0.23% and the ChiNext Index fell 0.06% [2] - The trading volume in the Shanghai and Shenzhen markets reached 1.29 trillion yuan, a decrease of 101.9 billion yuan compared to the previous trading day [3] Film Industry - The 2025 New Year box office has reached 5.245 billion yuan, marking the second time in Chinese film history that the New Year box office has surpassed 5 billion yuan, achieving the highest level in nearly eight years [8] - The film sector saw significant stock price increases, with companies like Baida Qiancheng hitting the daily limit with a 20% increase, and Jin Yi Film also reaching the limit [8] Robotics Sector - The humanoid robot sector continued its upward trend, with companies like Wuzhou Xinchun achieving consecutive gains and setting historical highs, while Tianqi Co., Hongying Intelligent, and others also saw significant increases [11] - The establishment of a standardization committee for humanoid robots and embodied intelligence is expected to enhance the industry's development [13] Semiconductor Industry - The semiconductor sector experienced a rise, with stocks like Zhuosheng Micro and Dongxin Co. seeing increases of over 10% and 6% respectively [15] - A significant acquisition by SMIC was announced, involving the purchase of 49% equity in a subsidiary for 40.6 billion yuan, which will result in SMIC holding 100% of the subsidiary [16] Aerospace Sector - The commercial aerospace sector was active, with stocks like China Satellite and China Satcom reaching new highs, and Lei Ke Defense hitting the daily limit [19] - New regulations aimed at facilitating financing for commercial rocket companies were introduced, which could boost the industry's growth [23]

Core Viewpoint - The article discusses the performance of the A-share market, highlighting fluctuations in major indices and sector performances, with a focus on the impact of specific themes such as digital currency and commercial aerospace on stock movements [3][4][5]. Market Performance - As of the midday session, the Shanghai Composite Index fell by 0.1% to 3961.21, while the Shenzhen Component Index rose by 0.23% to 13568.09, and the ChiNext Index decreased by 0.06% to 3220.56 [3][4]. - The total trading volume in the Shanghai and Shenzhen markets reached 1.29 trillion yuan, a decrease of 101.9 billion yuan compared to the previous trading day, with over 2700 stocks declining [5]. Sector Highlights - The film and television sector saw a rebound, with notable stocks like Baidu and Huayi Brothers experiencing significant gains, driven by a total box office of 5.245 billion yuan for the 2025 New Year’s season [7]. - The commercial aerospace sector showed resilience, with stocks like China Satellite and China Satcom rising over 5%, continuing to set historical highs [9]. - Digital currency and cross-border payment sectors were active, with stocks like Cuiwei Co. and Feitian Chengxin hitting the daily limit, reflecting positive sentiment around the upcoming implementation of the new digital RMB design [10]. Commodity Market - Nickel futures on the Shanghai exchange rose by 4% to 132,580 yuan per ton, while London nickel also increased by 4% to 16,384.20 USD per ton [6]. - Lithium carbonate futures saw a significant drop of 8% to 115,780 yuan per ton, indicating volatility in the energy metals market [17]. Currency and Economic Indicators - The central bank conducted a reverse repurchase operation of 312.5 billion yuan with a rate of 1.40%, with 59.3 billion yuan maturing today [13]. - The RMB to USD exchange rate was reported at 7.0348, depreciating by 17 basis points from the previous trading day [15].

Supply and Demand - The supply of essential goods in the market is sufficient and prices are stable ahead of the New Year, with supermarkets focusing on key items like vegetables, fruits, and dairy products [1][4] - Nationally, the inventory levels of fruits, eggs, and cooking oil in major wholesale markets have increased by 4.9%, 3.2%, and 1.2% respectively compared to the beginning of the month [4] - In response to cold weather, various regions have activated emergency supply mechanisms to ensure the availability and price stability of vegetables and fruits [11][13] Market Trends - Supermarkets are increasing their stock of fresh and green food items to meet consumer demand for healthy eating [8] - The flower market is experiencing a sales peak as consumers purchase flowers and plants to celebrate the New Year, with a 50% increase in stock compared to previous periods [22][29] - The demand for seasonal fruits is rising, with imported cherries and domestic strawberries becoming popular among consumers [45][51] Logistics and Transportation - To ensure smooth transportation of holiday goods, local authorities are implementing measures such as intelligent monitoring systems and streamlined inspection processes for transport vehicles [21] - The establishment of emergency supply channels and increased storage capacity in markets is enhancing the efficiency of goods distribution [13][16] Consumer Behavior - As the New Year approaches, there is a noticeable increase in consumer activity, with restaurants and cinemas preparing for a surge in cross-year celebrations [40][42] - The festive atmosphere is leading to a rise in pre-bookings for dining and entertainment, indicating a strong consumer sentiment [42][44]

资金是金融市场的"活水"。2025年以来，保险资金、社保基金、公募基金稳步入市，"长钱长投"成为资本市场的"压舱石"。外资机 构也用脚投票，扎堆看好中国资产，港股热闹起来了，IPO也回暖了。市场波动不可怕，关键是能从变动里看出门道，抓住国家大 政方针带来的投资机遇。 央视网消息：今天是12月30日，新的一年渐行渐近，回望即将过去的2025年，中国经济交出了一份亮眼的答卷，社会民生有了长足 的进步和发展。围绕这一年的变化，总台记者王雷——财经老王通过词"云"图做了一个盘点。 这一年老王没闲着，跟随者中国经济发展的脚步做了将近150期视频。老王梳理2025年的话题，整理了一张词"云"图——你们猜核 心词有哪些？没错，"政策""支持"都非常显眼！这一年的财经事儿，全绕着咱这片土地和百姓展开。 2025年马上就结束了，老王跟大伙儿唠两句，心里头挺多感慨。年初时，还觉得2025年长得没边儿，这一眨眼的功夫，一年就这么 过去了。 国内市场热热闹闹，但国际上可不太平。关税异动搅动全球市场，好在"国家队"及时护盘，零售巨头集体出手帮助外贸企业出口转 内销，就连中国电商应用都在海外火出了圈。这事儿再次说明，现在的世界早已密切相 ...

（文章来源：每日经济新闻） 每经AI快讯，12月30日，影视板块盘中震荡反弹，华谊兄弟涨超8%，金逸影视、幸福蓝海、横店影 视、博纳影业跟涨。 ...

Core Viewpoint - The A-share market is experiencing a strong performance in the film sector, with several companies seeing significant stock price increases as the Chinese film box office for the 2025 New Year’s release period surpasses 5 billion yuan, marking the highest level in nearly eight years for the same period [1] Group 1: Company Performance - Baina Qiancheng's stock hit the daily limit of 20%, indicating strong investor interest [1] - Jinyi Film's stock increased by 10%, reflecting positive market sentiment [1] - Huayi Brothers' stock rose over 8%, contributing to the overall strength of the film sector [1] - Happiness Blue Sea and Hengdian Film's stocks both increased by over 5%, showcasing a broad rally in the industry [1] - Bona Film's stock rose by over 4%, further indicating a positive trend in the market [1] Group 2: Industry Insights - As of December 28, the total box office for the 2025 Chinese film New Year period has exceeded 5 billion yuan, setting a new record for the highest box office in nearly eight years for this timeframe [1]