Jinwu Financial News | Some game stocks are improving. Xindong (02400) rose 5%, Hometown Interactive (03798) rose 2.36%, Duniu Technology (01961) rose 2.31%, China Mobile Games (00302) rose 0.95%, Tencent Holdings (00700) rose 0.89%, and Bilibili (09626) followed suit.
According to the news, Huaxi Securities said that in the 9th week of 2024, 111 domestic game versions and 5 game version changes were implemented, and major works such as “Black Myths: Goku,” “Infinite Warmth,” “Eternity,” and “Perfect New World” were reviewed (according to the State Press and Publication Administration). So far, the number of game versions has exceeded 100 for 3 consecutive months, and the number of versions has risen markedly. As blockbusters are launched one after another and regulatory uncertainty decreases, the bank is optimistic about the beginning of a new product cycle in the game industry, and the valuation is expected to be restored to a reasonable range.
BOC International believes that the trend of new supply-side games being launched at an accelerated pace has not changed. The competitive pattern for mobile games at Family Fun is clear for the time being. Competition in categories such as two-dimensional and shooter will intensify with the launch of new games, and NetEase for martial arts should maintain its leading edge on the racetrack.