Gaming stocks rose collectively in early trading. As of press time, NetEase (09999) rose 5.86% to HK$178.9; Baiao Family Interactive (02100) rose 3.31% to HK$0.25; Jinshan Software (03888) rose 3.17% to HK$22.8; and Xindong (02400) rose 3.03% to HK$14.3.
The Zhitong Finance App learned that gaming stocks rose collectively in early trading. As of press release, NetEase (09999) rose 5.86% to HK$178.9; Baiao Family Interactive (02100) rose 3.31% to HK$0.25; Jinshan Software (03888) rose 3.17% to HK$22.8; and Xindong (02400) rose 3.03% to HK$14.3.
According to the news, the official website of the State Press and Publication Administration published approval information for the second batch of domestic online games in 2024, with a total of 111 games, close to 115 in January, including 101 mobile games, 5 mobile games, 4 mobile/client games, and 1 mobile/customer/console three-terminal game.
Guotai Junan pointed out that “policy+technology” has dual benefits, focusing on game companies' 2024 product cycle. Entering 2024, the supply of policy-side game versions is expected to be basically stable, and the launch of Sora and Genie on the technical side has played an important role in promoting technological progress in the game industry. Combined with the product cycle, it is believed that game companies with excellent R&D capabilities and reserves to launch high-quality products may usher in opportunities.