2026 Annual Box Office Surpasses 19 Billion Yuan, Film and Cinema Stocks Rally

21世纪经济··Read original
2▲5 ▼0Impact / 5
Summary · why it matters

On July 16, the film and cinema sector saw renewed activity, with Ruyi Films hitting the daily limit up for a second straight session, Huanrui Century surging by the daily limit, and Enlight Media, Beijing Culture, and Hengdian Entertainment rising in sympathy. On the news front, China's total box office for 2026, including presales, has exceeded 19 billion yuan, with the summer season box office, including presales, topping 3.3 billion yuan. Stephen Chow's Kung Fu Women's Soccer, released on July 11, quickly boosted market enthusiasm, with over 226,000 screenings on its opening day, setting a new record for the highest number of opening-day screenings for a summer release in Chinese film history. China Film stated it did not invest in the film, retaining only a producer credit and serving as a co-distributor, with related revenue expected to be minimal. Ruyi Films and Enlight Media also confirmed they did not participate in the investment. A research note from Tianfeng Securities noted that the summer season rally has officially begun, with Maoyan raising its forecast for total mainland box office to over 2.5 billion yuan. A report from Wanlian Securities argued that the summer box office has ample elasticity, and production and distribution companies holding top films will benefit directly.

Impact on assets 8

Communication Services▲
Maoyan Entertainment
1896
▲ PositiveDemandrelevance

Maoyan raised its forecast for total mainland box office to over 2.5 billion yuan, indicating strong demand for ticketing services.

Others▲
China Film Co Ltd
600977
± MixedDemandrelevance

China Film is a co-distributor of a hit film but stated related revenue is minimal, so impact is unclear.

Beijing Enlight Media
300251
▲ PositiveDemandrelevance

Mentioned as rising in sympathy but confirmed not participating in the hit film; no direct benefit.

Off-coverage companies 1

万联证券i
Private± Mixedrelevance