Portfolio and Investment Philosophy:A Study of Early Chinese Film Investment
Investment and financing has always been a key factor in determining the development trend of the industry.The combination of financial capital and film in the early 20th century marked the critical transition of Chinese film from its embryonic beginnings to industrialization.Investors,as the personification of cap-ital,constituted the main body of film investment in the early period through the group combination of blood,geographical and professional relations.A group of film entrepreneurs and investors explored China's early film investment and financing mechanism by integrating the Western equity financing model and the tradition-al Chinese capital-raising strategy,with far-reaching effects on the industry's resource allocation.The di-versified,integrated,internationalized,and"super-economic"investment concepts,formed by early film investors,have highlighted their roles in financial support,industry promotion,cultural promotion,and in-ternational exchanges,which supported the industrialization of China's early films.
early Chinese filmsfilm industryportfolioinvestment philosophy