Friendship Time (06820) rose more than 4%. As of press release, it rose 4.46% to HK$1.17, with a turnover of HK$3.108,200.
The Zhitong Finance App learned that Friendship Time (06820) rose by more than 4%. As of press release, it had risen 4.46% to HK$1.17, with a turnover of HK$3.108,200.
According to news, on January 2, the new game “Floating Memories” was officially launched by a woman developed by Friendship Time, which topped the popular list on various platforms such as Huawei, OPPO, and TapTap, taking 3rd place in the free list and number 1 in the role-playing list on the iOS channel. CICC pointed out earlier that the company has accumulated a lot in ancient games, growing the popularity of its main product “Floating Memories”, and the feedback from game users is good, and it is expected to become a new iconic product for women on the racetrack.
CMB International said that, based on its paid retention and other data performance, it is expected that the first-month turnover of “Fukusheng Meilong” will surpass that of “Floating Life as a Song” and will continue to rise over the next 4-5 months. The bank believes that the game has high visibility and is expected to contribute 1.2 billion yuan in revenue and 200 million yuan in net profit to FY24, mainly due to: 1) helping to expand the market (the share of non-iOS channels expand) under channel diversification; 2) innovative gameplay and differentiated marketing strategies; and 3) the increase in subsequent update packages.