Fund foresight in advance the layout of the culture media plates

the ⊙ Reporter An Zhongwen ○ edit Zhang Yiwen

comply with the policy of the culture media has once again become the theme plate driven by market sentiment, new technology and equipment, new business models, new policies to promote apparently the cultural and media industry boom and rising. Some fund managers believe that 2012 must have a strong industry to attract outside funding approach and improve the overall level of risk premium. Yesterday culture media plates

collective rise again, driven by market sentiment, and enthusiasm to do more in the capital under BesTV, Internet television, music Watch yesterday are strong up over 8%; film plate Huayi Brothers (Confucius News higher collective), Enlight Media (Confucius News), Hualu Baina (Confucius News), China Television Media consecutive days, including visual media yesterday rose more than 7%; Austrian flying field of animation toys animation, Hua Wei shares also in financial speculation continuously maintain a strong pattern. according to the fund in 2011 fourth quarter report information, the main Internet TV BesTV fund managers generally optimistic. BesTV in February of this years announcement that the companys actual control of the people radio and television, the controlling shareholder of Shanghai Media Group, Inc. (SMG) and CCTV under the China Network Television (CNTV) signed a cooperation agreement of IPTV multicast control platform, the Shanghai Radio and Television the original construction of the CCTV IPTV integrated control platform will be combined into the integrated control of China as the sole central platform. This actually means that BesTV accounted for in the future of Internet TV competition, the advantages can not be replaced by other competitors. the fourth quarter of last year

fund managers have Shigekura operation BesTV. Southern strategy to optimize the fund last years fourth quarter to buy a the BesTV 69 million shares, and the stock into the Funds top ten Awkwardness ranks. Sea Fortis Equity Fund in the fourth quarter of last year also holdings of the BesTV about 20 million, as of the end of the fourth quarter of last year, the sea Fortis Equity Fund holds the stock of about 470 million shares. In addition, Cathay Pacific event-driven funds, the Bank of Dynamic Strategy Fund, Galaxy Yintai dividend fund have in the fourth quarter of last year BesTV into core stock pool, BesTV in the eyes of the fund managers investment value is evident.

cultural media industry suffered funds passion speculation is also inseparable from the performance support. BesTV expects its net profit last year rose by more than 200%, music Watch is expected to more than 78 percent over the same period net profit, expected 2011 net profit of the film industry leader Huayi Brothers drama leading Chinese policy Television (Confucius News) in 30 % or more. The fund manager Sheng Junfeng of

Morgan Stanley Huaxin basic industries to the reporter said, the market chasing the culture media plates conform to the main line of policy support investment themes. He further argued that an annual policy direction of the support tends to drive an industry boom of the upgrade, and can achieve a strong plate, policies to support energy conservation so trigger the LED industry, the rise in the market, policy support for the rare earth industry achievements of the rare earth The plate market, the largest since the second half of last year, policy theme the development of large cultural industries, cultural industries plate is stronger than the other varieties of reasons.

Southern Fund (Confucius News), a fund manager believes that the culture and the media sought after also start with the media more and more each other up with technological changes related to integration, driven by technological change, the original development of cultural industries stagnant there may be a explosive. The fund managers believe mobile devices, the rise of the Internet makes the culture media to become a vibrant, it will be an important direction for future worthy of attention.

However, some fund managers also believe that cultural and media sector, although more active, but the volatility risk of the plate is also worthy of attention. Liquidity margin improved environment, we are relatively optimistic about the activity of the culture media, the Internet and other theme. "Facilities fund, research director Kang Xiaoyun to the Shanghai Securities News said, is more inclined to 2012 the overall index volatility was not much room, continue to look for medium-and long-term growth momentum in the chaos, there must be a strong industry in order to attract outside capital approach and improve the overall level of risk premium, the Internet, media, tourism and service industries may have better investment opportunities, but the risk of fluctuations in these industries face a clearer trend before income to cash in the market.