is Labor Day first, and the vacation time next year will be from May 1st to 5th, a total of 5 days. In the past, if Labor Day was added to the weekend, it was usually 3 days, and the maximum was 4 days. And next year, Labor Day will be held for 5 days, which is the most time.
Secondly, the National Day and Mid-Autumn Festival in 2020 coincide. There will be a holiday from October 1 to 8, a total of 8 days. This holiday is also an "extra-long" holiday. In previous years, it usually ended up being 7 days.
Although the total number of vacation days will remain the same next year, the holidays of Labor Day and National Day will be longer. This has brought benefits to the general public. Everyone is starting to think about how to take a vacation next year and where to travel.
According to reports, within one hour after the holiday notice was announced, the search volume of air tickets on a travel booking website has skyrocketed. The search volume of international air tickets for the two holidays mentioned above has increased by 50% compared with the same period on the 20th. Does
have any impact on the A-share market? I think this may have a greater impact on the movie box office. The extension of the two holidays, one extra day of holiday, one extra day to watch movies, may be a box office income of several hundred million yuan, so the box office during Labor Day and National Day next year is estimated to be overwhelming. In fact, this year’s National Day box office has performed very well.
Since 2016, the entire film stock sector has entered a bear market. The film and television animation index has fallen for many years, and it is still consolidating at the bottom. If you expect a good performance at the box office next year, film and television stocks may have some opportunities next year. Of course, it depends on the quality of the domestically produced movies next year. If there are more movies like "Nezha", that would be great.
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