Zhitong Finance App learned that most game stocks rebounded. As of press release, Huoyan Holdings (01909) rose 19.91% to HK$0.265; Hometown Interactive (03798) rose 3.61% to HK$2.01; Xindong (02400) rose 2.79% to HK$13.28; IGG (00799) rose 2.03% to HK$3.01; NetEase S (09999) rose 1.31% to HK$154.7.
According to the news, the State Administration of Press and Publication recently announced the approval information for domestic online games for September 2023. A total of 89 imported versions have been issued this time. Guojin Securities pointed out that the recovery in supply is driving the release of performance. Coupled with the pullback in the game sector in the previous period, they are optimistic about the investment value of the gaming sector. Capital Securities, on the other hand, said that entertainment consumption is recovering steadily, the Mid-Autumn Festival National Day is expected to increase flexibility, the industry is recovering as scheduled, and game companies still have the best value for money.