The gaming industry will welcome two major conferences! Representatives from dozens of gaming companies will share the stage to discuss topics such as 2D, AI, overseas expansion, and casual games.
As the year-end approaches, the Beijing Shougang International Exhibition Center will host two major annual events in the gaming industry: the 2024 China eSports Industry Annual Conference will be held on December 10-11; the 2024 China Game Industry Annual Conference will take place on December 12-13. Representatives from listed gaming companies including Tencent, netease, 37 interactive entertainment network technology group, special treat Huatuo, and kingnet network will attend and will share insights on topics such as eSports, game AI, and overseas expansion.
Hong Kong stocks movement | xd inc (02400) rises over 4% as two of its self-developed mobile games launch with better-than-expected performance, likely contributing incremental profits.
xd inc (02400) rose more than 4%, as of the time of writing, it increased by 4.32%, reaching 25.35 HKD, with a transaction amount of 34.0534 million HKD.
xd inc (02400.HK) issued 7,400 shares due to the exercise of stock options.
Glory Finance reported on November 27 that xd inc (02400.HK) announced that, due to qualified participants exercising stock options under the company's stock option plan adopted on June 25, 2021, the company will issue a total of 7,400 ordinary shares on November 27, 2024.
Sensor Tower: "Honor of Kings" crowned global mobile game revenue champion in October, with monthly income increasing by 10% month-on-month.
According to Sensor Tower's "App Performance Insights" data, Tencent's (00700) "Honor of Kings" claimed the title of global mobile game revenue champion in October 2024, with a month-on-month income growth of 10%, mainly driven by the application stores in china.
Hong Kong Market Wrap: Hong Kong stocks fell slightly, with the Hang Seng Index down 0.41%; biotechnology stocks rose, with Akeso up more than 6%; AI application concept stocks continued to surge, Mobvista rose over 10%.
Network technology stocks generally fell, Kuaishou-W up 4.51%, JD.com Group-SW down 3.05%; Apple supplier stocks rose, AAC Tech up 6.86%, Q Tech up 4.75%; Digital health stocks mostly declined, Za Online down 3.63%, Maitaiweikang down 2.63%.
Hong Kong stock market anomaly | xd inc (02400) rises by over 6% again. "Meifen" domestic and overseas data exceed expectations, benefiting from intensified competition in the industry sector.
Shares of xd inc (02400) rose more than 6% in early trading, up 4.82% as of the time of publication, at 23.9 Hong Kong dollars, with a transaction value of 49.8953 million Hong Kong dollars.
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.
xd inc (02400) issued 1,800 shares on November 20th due to the exercise of stock purchase rights.
xd inc (02400) issued an announcement that due to eligible participants according to the company on June 25, 2021, ...
The Hang Seng Index rose by 41 points, Kingsoft surged quickly, while Xpeng retraced after its results.
nvidia (NVDA.US) rose nearly 5% before the earnings announcement, leading the Nasdaq to gain 195 points or 1% on the night of the 19th, while the Dow dropped 120 points or 0.3%. Hong Kong stocks fluctuated upward. The Hang Seng Index opened 40 points lower, initially dropped 87 points to 19,575 points, then rebounded, at one point rising 89 points to 19,752 points, ultimately closing up 41 points or 0.2% at 19,705 points; the national index rose 6 points or 0.1% to close at 7,090 points; the hang seng tech index rose 18 points or 0.4% to close at 4,413 points. The total trading volume of the market for the day was 114.671 billion yuan. Alibaba-W (09988.HK)
xd inc (02400.HK) issued 0.02 million shares due to the exercise of share options.
Gelonghui, November 18, announced that xd inc (02400.HK) will issue 0.02 million ordinary shares on November 18, 2024, due to eligible participants exercising stock options under the company's stock option plan adopted on June 25, 2021.
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.
Hong Kong stocks: Hang Seng Index rose 51 points in the first half of the day, netease surged by 13%, "Bilibili" dropped by 10%.
Mainland China's major economic indicators rebounded last month (retail sales up 4.8% year-on-year, beating expectations), with the Hong Kong stock market performing well in the morning. The Hang Seng Index opened 67 points higher, fell 103 points in the early stage to 19,332 points before rebounding, rose 172 points to 19,608 points at one point, up 51 points or 0.3% at midday, closing at 19,486 points; The H-share index rose 27 points or 0.4%, closing at 7,001 points; Hang Seng Tech Index rose 38 points or 0.9%, closing at 4,357 points, with a total turnover of 85.151 billion Hong Kong dollars in the morning session. In the financial sector, HSBC Holdings (00005.HK) rose by 0.8%, while Standard Chartered (02888.HK) and Hong Kong
Hong Kong stock movement | Game stocks rose in the morning, netease-S (09999) increased by over 13% after earnings, xd inc (02400) rose by over 10%.
Gaming stocks rose in early trading. As of the time of writing, netease-S (09999) is up 12.64% at HKD 134.6; xd inc (02400) is up 10.43% at HKD 23.3; kingsoft (03888) is up 3.87% at HKD 29.5.
The report states that last month, gaming market revenue in the mainland decreased by 4.1% monthly and increased by 14.4% annually.
Gamma Data gaming industry report shows that in October 2024, the mainland gaming market revenue was 29.083 billion yuan (RMB)
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.
Acquired shares exercised, xd inc (02400) issued 98 shares.
Xd Inc. (02400) has announced that due to eligible participants in accordance with the company's acceptance on June 25, 2021...
IDC: The market size of China's game cloud reached $0.91 billion in the first half of 2024, a year-on-year increase of 5.9%.
International Data Corporation (IDC) has released the latest report on China's Game Cloud Market Tracking in the first half of 2024.
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