Quick look at the Hong Kong market | The Hong Kong stock market continues to decline in the afternoon, with all three major indices falling over 2%; The drops in the tech, Autos, and Mainland Real Estate sectors have widened, with SUNAC down over 8%, Xpen

Network Technology stocks fell, MEITUAN-W dropped 3.73%, NTES-S fell 2.90%; most Alcoholic Beverages stocks declined, GRACEWINE dropped 9.36%, TIBET WATER rose 7.69%; most semiconductor stocks declined, SHEEN TAI rose 5.82%, HG SEMI fell 5.00%;

Futu NewsDec 13 16:24

Express News | The National Publishing Administration is formulating a plan for leading technology innovation in online publishing to enhance the role of the gaming industry in serving technology innovation.

BreakingsDec 13 10:49

Express News | Guangzhou Goaland Energy Conservation Tech's subsidiary provides 12U immersion liquid cooling modules for ByteDance.

BreakingsDec 13 14:09

Express News | TENCENT: On December 13, repurchased 1.71 million shares, with a total expenditure of approximately 0.703 billion Hong Kong dollars, at a price of 408.6-414.6 Hong Kong dollars per share.

BreakingsDec 13 17:54

In 2024, China's independently developed games achieved actual sales revenue of 18.557 billion US dollars in the overseas market, with a year-on-year growth of 13.39%.

The Global mobile game market size is 635.569 billion yuan, a year-on-year increase of 4.83%. The growth trend of the Global mobile game market has significantly slowed down.

Zhitong FinanceDec 13 13:54

[Brokerage Focus] CMB International points out the trend of revenue growth from AI application starting in 2025.

Jinwu Financial News | CEB International released the 2025 outlook for the Software & IT Services Industry. Against the backdrop of economic cycle dislocation, the stock price performance of the Software Sector in China and the United States is expected to show a divergent trend in 2024. However, the investment volume related to AI, its short-term impact on profits, and the potential outlook for monetization are common points of concern for both markets. Looking ahead to 2025, the bank believes that the investment theme related to AI will continue its benefit transmission path from chips to public cloud to infrastructure software and then to Application software from a fundamental perspective. The Infrastructure Cloud Sector is focusing on the trend of increasing cloud business growth as supply constraints gradually ease and AI-related investment.

Jingwu Financial NewsDec 13 13:04