Avatar bonanza for animation firms

0 CommentsPrint E-mail China Daily, January 15, 2010
Adjust font size:

Chinese viewers watching Avatar movie at an IMAX 3D theater in Beijing. Share prices of Chinese 3D technology-related listed firms surged due to strong investor interest in the sector.

Chinese viewers watching Avatar movie at an IMAX 3D theater in Beijing. Share prices of Chinese 3D technology-related listed firms surged due to strong investor interest in the sector. [China Daily]

While the blockbuster movie Avatar is a hit in China's theaters, the film's influence has gone beyond the box office to affect the stock prices of national firms involved in creating similar hi-tech animation.

Shenzhen-listed Guangdong Alpha Animation and Culture Co Ltd, a leading animation company in China, has seen its stock surge 4.51 percent yesterday after hitting the 10 percent daily trading limit on Jan 13.

"Investors see huge potential for animation companies in China and are paying more attention to related industries," said Li Bin, an analyst at Guolian Securities.

Alpha Animation is going to put out a new animated movie on Jan 23, and the company expects to further benefit from the animation craze Avatar has created.

As of Jan 11, Avatar has pulled in 309 million yuan nationwide, making it the first film in the country to reach the figure within eight days.

Based on a well-received fictional cartoon series adaptation, Alpha's movie aims to attract audiences with a blend of 3D technology and real actors.

China's plan to combine Internet, telecom and TV networks by 2015 may offer future growth opportunities in the development of the animation industry.

"Animation work is now mainly broadcast on TV, but after the Internet, telecommunications and television networks are integrated, the work will appear on many more platforms, such as mobile phones and the Internet, and therefore future demand will be huge," said Li Bin.

Some other Chinese companies with ties to the 3D industry have also made a strong showing in the markets recently.

Electronics companies Silan Microelectronics, listed in Shanghai, and Shenzhen-listed Deren Electronic saw their stocks rise by 3.85 and 4.41 percent yesterday respectively.

Due to the Avatar craze, 3D screens have become a market darling. China now boasts over 700 3D screens, 11 of which are IMAX 3D.

According to IMAX Corporation, a maker of big-screen projection systems, cinemas with IMAX 3D screens will grow nationwide to between 25 and 50 in the near future.

However, analysts say focusing on the popular 3D trend without considering a company's overall prospects may prove dangerous for investors of a company.

"3D display technology is more of a concept now," said Li Hao, an analyst at South China Securities.

"It'll take about five more years for the industry to develop and enter a sophisticated phase," he added.

Print E-mail Bookmark and Share

Go to Forum >>0 Comments

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 日本护士xxxx黑人巨大| 特级毛片在线播放| 国产成人yy精品1024在线| 67194线路1(点击进入)| 好湿好大硬得深一点动态图| 久久久久人妻精品一区二区三区| 欧洲美熟女乱又伦免费视频| 亚洲欧美日韩综合久久久久| 福利视频网站导航| 啊灬啊别停老师灬用力啊视频| 野花直播免费观看日本更新最新| 国产欧美另类久久久精品免费| 亚洲一级在线观看| 毛片在线看免费| 人妻av无码一区二区三区| 老师别揉我胸啊嗯上课呢视频| 国产免费无码一区二区| 992人人tv| 国产精品jizzjizz| 67pao强力打造高清免费| 在线精品自拍亚洲第一区 | 中文字幕无码av激情不卡| 日本伊人精品一区二区三区| 久久精品国产99国产| 直接观看黄网站免费视频| 可爱男生被触手入侵下面| 色综合久久一本首久久| 国产内射999视频一区| 黄瓜视频网站在线观看| 国产成人精品AA毛片| 欧美日韩一区二区三区麻豆| 国产精品中文字幕在线观看| 14又嫩又紧水又多| 国产精品视频h| 67194午夜| 国产精品爽爽va在线观看无码| 91色在线视频| 国产麻豆一精品一aV一免费 | 91精品视频网| 国产黄大片在线观看| 99re5在线精品视频热线|