The Zhitong Finance App learned that NetDragon (00777) rose more than 8% in the intraday period. As of press release, it had risen 5.72% to HK$12.56, with a turnover of HK$31.0825 million.
Huachuang Securities pointed out that according to the current policy, the dividend tax rate for mainland investors investing through the Hong Kong Stock Connect is higher; if the Hong Kong Stock Connect dividend tax policy is optimized, those with high dividend scores are expected to benefit, boosting market liquidity in the long term. The bank said that it is recommended to focus on the dividend attributes of the higher education sector of Hong Kong stocks. Higher education demand has long-term deterministics+there is room for improvement in policies. Currently, the sector has the characteristics of steady growth, undervaluation, and high dividends.
The bank pointed out that NetDragon's game business has resumed a long-term steady growth trend in 23 years, relying on the recovery of its own IP stock and new product contributions from the three major cores of Magic Domain, Heroic Blade, and Conquest. The education business completed an overseas spin-off and listing (but still listed), and its subsidiary Prometheus reached 17.4% of the overseas K-12 educational interactive tablet market, and maintained the largest market share in countries such as the United States, the United Kingdom, Ireland, and Germany.