除了稀缺性，还有就是港股市场从9月底就开始阴跌，如今已跌了大约3个月，早已出现流动性问题，供 血不足，新股被资金抛弃。 就具体质地而言，金石杂谈以闪崩的明基医院为例，招股书显示，明基医院目前拥有和运营两家民营营 利性综合医院。1）市占率极低。根据弗若斯特沙利文的数据，以2024年总收入计，明基医院是华东地 区最大的民营营利性综合医院集团，在华东地区的市场份额为1%。 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 来源：金石杂谈 12月22日，今年以来港股新股上市如火如荼，截至目前，今年已有108只股票上市，募资总额已高达 2772亿，基本锁定2025年全球募资冠军。 就在这个档口，港股新股上市虽然多，但是此前爆炒情景不再，今日上市4只新股，全部跌幅超20%， 还有一只跌35%，明基亿元更是闪崩近50%。 | 们的选题 | | | | | | 你的那 小图直播 安徽福林 设置目述 3秒7是元 导出 移动APP | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 序号 | 代码 | 名称 | 流跌幅 | 总市值 ...

Core Viewpoint - The Chinese film industry is facing significant structural challenges despite a strong start in 2025, with a notable decline in box office performance following the initial surge driven by the success of "Nezha: Birth of the Demon Child" [2][5]. Group 1: Box Office Performance - The total box office for the first half of 2025 reached 29.231 billion yuan, marking a 22.9% year-on-year increase, nearing pre-pandemic historical peaks [2]. - February alone accounted for 16.09 billion yuan, representing 55% of the first half's total, but subsequent months saw box office figures drop below 2 billion yuan, with June recording only 1.91 billion yuan, the lowest in a decade [2]. Group 2: Cinema Attendance and Operations - The total number of cinemas in China surpassed 13,000, a record high, yet average attendance per screening dropped to 2-4 people from March to June, with a staggering 40% of screenings being empty [3]. - The number of films grossing over 100 million yuan plummeted to 23, with "Nezha 2" alone contributing 52.8% of the total box office, indicating a significant reliance on a few major titles [5]. Group 3: Ticket Prices and Market Dynamics - The average ticket price in the first half of 2025 reached 45.6 yuan, the highest on record, up by 2.2 yuan from the previous year, which may have suppressed audience demand [6]. - The film and entertainment sector saw active trading in the stock market, with a slight decline in the Wind film and entertainment index by 0.16% as of July 10 [7]. Group 4: Industry Trends and Production Challenges - The investment risk for mid-tier films has increased sharply, prompting major film companies to focus on larger projects [14]. - The industry is experiencing a trend of cost-cutting, with production cycles being shortened and costs being meticulously managed [14]. - The traditional power of directors is diminishing, with production companies gaining more influence, as highlighted by the call for a change in profit distribution within the industry [15].