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Zhizhong Hong Kong stocks early knowledge | Ministry of Industry and Information Technology: Guide photovoltaic companies to reduce purely capacity expansion photovoltaic manufacturing projects. nvidia (NVDA.US) fell by as much as 5% after earnings.
On November 20, the Ministry of Industry and Information Technology issued a notice revising the "Specification Conditions for the Photovoltaic Manufacturing Industry" and the "Interim Measures for the Management of Announcements for the Photovoltaic Manufacturing Industry".
Hong Kong stock concept tracking | 112 domestically produced new games approved for version numbers! The gaming industry is expected to see a revival (with concept stocks)
On November 20, the domestic game licenses for this month were issued early. The National Press and Publication Administration announced in the evening the approval information for domestic online games in November 2024, with a total of 112 new games approved, marking two consecutive months with more than 110 licenses issued.
The State Council Information Office issued the "Guidelines for the Construction of Minor Mode in the Penghua CSI Mobile Internet Index Fund(LOF)-A", strengthening online protection for minors.
The Cyberspace Administration of China has issued the "Guidelines for the Construction of Underage Model in Mobile Internet," proposing an overall plan for the construction of underage models, encouraging and supporting the participation of mobile smart terminals, applications, and application distribution platforms in the construction of underage models, with the goal of integrating scattered functions and establishing a "triple defense line" for the protection of minors on the Internet. The Guidelines propose that under the underage model, mobile smart terminals, applications, and application distribution platforms should realize necessary linkage, and provide functions such as time management, content management, and permission management for the underage model. In this regard, there are suggestions for improving function restrictions.
Express News | In October 2024, the revenue of china's gaming market was 29.083 billion yuan, a month-on-month decline of 4.10%, and a year-on-year increase of 14.40%.
Game business is recovering; Tencent's Q3 non-GAAP net profit increased by over 30% and over 3,000 people were recruited.
① In the third quarter, Tencent's adjusted net income reached 59.81 billion yuan, far exceeding the market expectation of 54.37 billion yuan, a year-on-year increase of 33%; ② The biggest highlight of Tencent's quarterly report is that value-added services have significantly recovered, mainly due to the rebound in the gaming business.
Hong Kong stock concept tracking | Tencent announced its third-quarter report today, institutions are bullish on the gaming sector's improvement in business outlook (with concept stocks).
Tencent will announce its third quarter performance on November 13th.
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