Goldman Sachs: Assigns a "Buy" rating to NTES-S (09999) with a Target Price of 169 Hong Kong dollars.
Goldman Sachs predicts that NTES-S (09999) will have a gross revenue of 4.2 billion yuan in the first 12 months.
BOCOM INTL: For Hong Kong stocks this year, it is advisable to plan before taking action. Focus on Technology stocks such as Alibaba, Trip.com, NetEase, and Tencent.
The BOCOM INTL market outlook report for this year states that the Global economy is entering a phase of cyclical transition. Monetary policy is shifting from tightening to easing, leading to an improvement in liquidity in the financial system. However, structural challenges such as geopolitical tensions and rising trade protectionism are emerging, making the growth pattern in the post-tightening era a game between policy easing and structural challenges. Investors must plan carefully before acting in order to seize opportunities amid changes, rather than simply following traditional pro-cyclical investment logic. The report predicts that while the stock market will have support in 2025, it will also face disturbances, suggesting a balanced allocation. Regarding Insurance stocks: both asset and liability sides face high bases but possess defensive characteristics and flexibility.
Bullish news is here! The central bank and the securities regulatory commission jointly announced that the second swap convenience will be operated starting today, with an expected operation amount of no less than 50 billion yuan.
It is understood that 20 securities and Fund companies participated in the first operation, and the second operation will add more securities and Fund companies as well as five leading Insurance Institutions, with an expected second operation volume of no less than 50 billion yuan.
"Outlook" Brokerage's comprehensive list of preferred Hong Kong stocks (Nomura, DBS)
Nomura released its Asia (excluding Japan) market outlook report for next year at the beginning of December, listing the guiding theme stocks for the Chinese market next year: Tencent (00700.HK), Alibaba (09988.HK), Anta (02020.HK), BYD (01211.HK), China Merchants Bank (03968.HK), Meituan (03690.HK), Ping An Insurance (02318.HK), NetEase (09999.HK), Xiaomi (01810.HK), KE Holdings (BEKE.US), MINISO (09896.HK), AIA (01299.HK), Hong Kong Stock Exchange (0.
The comprehensive list of top picks for Hong Kong stocks from brokerages (JPMorgan, UBS Group).
At the end of November, JPMorgan released a outlook report for the Chinese market for next year, listing its top stock picks: China Mobile (00941.HK), NetEase (09999.HK), PDD Holdings (PDD.US), TAL Education (TAL.US), MINISO (09896.HK), MGM CHINA (02282.HK), SINOPEC (00386.HK), Full Truck Alliance (YMM.US), Aluminum Corporation (02600.HK), KINGDEE INT'L (00268.HK), INNOVENT BIO (01801.HK), SINOPEC SEG (02386.HK), AIA (01299.HK), and Hong Kong Electric.
NetEase (09999.HK) martial arts Gaming "The Sixteen Sounds of Yan Yun" will be launched on mobile next Thursday without data deletion.
NetEase (09999.HK) announced the martial arts Gaming "Yan Yun Sixteen Sounds," which will launch on mobile without data deletion next Thursday (January 9th of next year). The mobile team has completed the porting and optimization of gameplay content and is currently making final preparations for the launch.
[Brokerage Focus] Kaiyuan Securities maintains a "Buy" rating on NetEase (09999), as overseas PC games continue to break through and are expected to further open up its growth potential.
Jinwu Financial News | According to an analysis by KaYuan Securities, on December 24, NetEase (09999) received approval for its self-developed game "Infinite" across mobile, client, and console platforms. Other games that also received approval include "Top Pursuit" and "Legion War." "Infinite" is a high-freedom open-world RPG set in a two-dimensional urban theme, featuring a city that blends multiple regional characteristics, making the game world even more colorful and diverse. Currently, the global reservation numbers for "Infinite" exceed 8 million, and the firm believes that "Infinite" is likely to provide players with a more free and novel open-world gaming experience; its unique urban life gameplay will strengthen user social engagement, and the game is expected to continuously contribute substantial revenue growth for the company after its launch. Additionally, the company's self-developed martial arts open-world game "Yanyun Sixteen Sounds" will begin PC open beta testing on December 27.
[Brokerage Focus] Citibank: In 2024, the approval volume for games in China is expected to increase by over 30%, Bullish on the industry's development next year.
In 2024, the number of game approvals in China showed a positive trend, with a total of 1,417 games approved throughout the year, including 1,306 domestic games and 111 imported games, representing a 32% increase from the 1,076 games in 2023, exceeding Citigroup's previous expectation of a range of 1,200 to 1,400 games.
Citi: In December, 122 domestic game licenses were granted in mainland China, with the annual approval number exceeding expectations.
In mainland China, there were a total of 1,306 domestic game approvals and 111 imported games for the entire year, slightly exceeding the expected range of 1,200 to 1,400.
Express News | UBS Group: Tencent and NetEase have each secured approval for major games.
Major rating丨Citi: Believes that the mainland gaming industry will continue to develop healthily next year, supporting stable and defensive profits.
Citigroup published a report stating that in December, the mainland approved 122 domestic game licenses and 13 imported game licenses, totaling 1,417 game licenses approved for the year, representing a 32% year-on-year growth. Among these, 1,306 domestic game licenses and 111 imported game licenses were issued, slightly higher than the company's forecast of 1,200 to 1,400 licenses. This includes Tencent's "Monster Hunter: Travelers" and "Red Alert: Glory", as well as NetEase's "Top Sniper" and "Infinity". On the other hand, A-share listed companies like 37 Interactive Entertainment Network Technology Group and Kingnet Network also received 2 and 4 game licenses, respectively. The company believes that with improvements in supply quantity and quality,
UBS Group reports: Tencent (00700.HK) and NetEase (09999.HK) each have major Gaming titles approved.
UBS Group released a report indicating that the National Press and Publication Administration published the latest batch of game license approvals in December, involving 122 local games and 7 imported games.
Citigroup reported that 122 domestic Gaming licenses were granted in mainland China in December, with Tencent (00700.HK) and NetEase (09999.HK) each obtaining two.
Citigroup reported that in December, 122 domestic gaming licenses and 13 imported gaming licenses were issued in Mainland China, totaling 1,417 gaming licenses approved for the entire year, representing a 32% year-on-year increase. Among these, there were 1,306 domestic gaming licenses and 111 imported gaming licenses, slightly higher than the firm's expectation of 1,200 to 1,400 licenses.
Huajin Securities: The number of games released on Steam reached a new high this year, with premium games and IP driving the market.
The number of games released by major platforms reached a record high for the year, "Black Myth" continues to win awards, and high-quality content and IP are expected to continue to lay a solid foundation for top-quality games, empowering the development of the gaming industry.
NetEase's Sakura Studio has closed, and the person in charge has deleted their work history.
On December 26, Gelonghui reported that NetEase seems to have shut down the official website of the development team, Sakura Studio, for the game "Legend of Mana: The Mana Mirage," as accessing the site now shows a "404" error. Reportedly, this game studio, officially announced in 2020, was formed by developers from Japan and China, initially established in Guangzhou, and later set up a studio in Japan with the aim of developing high-quality console games. The studio is led by veteran developer Tetsuya Akizuka, who previously worked at Bandai Namco, however, it seems that Akizuka has recently removed all information related to Sakura Studio from his LinkedIn profile. Additionally, this month.
Huajin Securities: The issuance of game approvals in December reached a record high, driven by quality content and strong IP.
HuaJin Securities released a Research Report stating that on the afternoon of December 24, the National Press and Publication Administration released the "Approval Information for Domestic Online Games in December 2024" and "Approval Information for Imported Online Games in December 2024", with a total of 135 games receiving licenses, the highest for this year.
Bank stocks have surged for several consecutive days, and the Hang Seng Index has recovered to 20,000 points. Bullish Signals from the fiscal side are favorable for the continuation of the rebound | Hong Kong stock barometer.
① The Hang Seng Index stands above the 20,000-point mark; why is it so strong in the short term? ② The fiscal side releases Bullish Signals; can it help sustain the rebound?
In December, both domestic and imported game licenses were released! A total of 1416 licenses have been issued this year, the highest in the past five years.
① A total of 122 domestic games and 13 imported new games were approved today, marking the third consecutive month of simultaneous issuance of domestic and imported game licenses. Major games from Tencent and NetEase received approvals, along with several other publicly listed game companies also achieving gains. ② As of the time of writing, 1,416 new games have obtained licenses this year, the highest total in nearly five years.
Express News | The National Press and Publication Administration released the latest approval information for imported Online Games in 2024, including games from NetEase and IDREAMSKY.
Express News | The National Press and Publication Administration announced the approval information for domestically produced Online Games for December 2024, with games from NetEase and NEWBORNTOWN included.