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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.
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.
Sinolink: Initiates a "Buy" rating for Mao Geping with a Target Price of 67.67 Hong Kong dollars.
Sinolink released a research report stating that it covers Mao Ge Ping (01318) for the first time, giving it a "Buy" rating. Based on strong products rooted in light and shadow & Eastern aesthetics, professional endorsement from makeup artists, and enhanced offline and online collaboration, the growth potential of high-end domestic beauty brands is viewed positively. It is expected that from 2024 to 2026, the Net income attributable to shareholders will be 0.95/1.27/1.53 billion yuan. Considering the rarity of the company's high-end positioning, a PE ratio of 24 is assigned for 2025, with a Target Price of HKD 67.67 per share. The main points from Sinolink are as follows: The company is a leading domestic beauty brand anchored in the scarce makeup artist IP, showing excellent growth and profitability for 2021 to 2023.
Hong Kong stock market morning report on December 23: Biden signed a bill to prevent the USA government from "shutting down". The performance of China Concept Stocks shows divergence.
① Biden signed an emergency funding bill to prevent a "shutdown" of the USA government. ② The USA's November core PCE price index rose 2.8% year-on-year, which was lower than expected. ③ The three major stock indexes in the USA opened lower and closed higher last Friday, while China Concept Stocks showed mixed performance. ④ NYMEX Henry Hub Natural Gas Futures rose more than 14% last week. ⑤ Federal Reserve's Goolsbee stated that interest rates may decline within 12 to 18 months.
2024's Financial Frenzy: Did You Capitalize on Key Market Trends?
Sensor Tower: In November, 35 Chinese mobile game companies collectively earned 1.87 billion USD, accounting for 34.8% of the income of the Global TOP 100 mobile game publishers.
The Sensor Tower store intelligence platform shows that in November 2024, 35 Chinese companies made it to the Global mobile game publisher revenue ranking TOP 100, collectively earning 1.87 billion dollars, accounting for 34.8% of the total revenue of the Global TOP 100 mobile game publishers this period.
Buckwheat_bread : Thanks for sharing your journey with us. Enjoyed reading your thoughts behind your investment decisions.
How long have you been investing for?
doctorpot1 OP Buckwheat_bread : glad you liked it had started investing during the covid crash in 2020, because I learnt in school that crashes are the best time to buy. so when covid happened that's when I rushed to open a brokerage account with OCBC. slowly jumped over to moomoo in 2021 as OCBC transaction cost is way too high. minimum fee of 25sgd. crazyyyy
Kuku bird on fire ❤ :
103288050 : Thanks for sharing your journey. Good read.
Detached House : How old are you & your profession if you don’t mind me asking? Wonderful! Keep up the good investment!
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