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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 Cloud Music responds to the "annual report inaccuracies": the overall logic of the data is accurate, but it is affected by three factors.
According to Sina Technology news on the morning of December 27, several users have complained on Weibo that the annual listening report from NetEase Cloud Music is inaccurate. In response, NetEase Cloud Music's customer service stated that after communicating and verifying with the users, the overall logic of the listening report data is accurate. However, there are several common factors that may influence users' perceptions of data accuracy. NetEase Cloud Music indicated that the factors affecting user perceptions mainly include: 1. Multiple devices and multiple users listening to music: If music has been listened to using various devices such as car systems, televisions, Smart Speakers, etc.; or if the account has been lent to others for use, all this listening data will be recorded, which may affect users' perception of the data.
Minsheng Securities: Initiated a "recommended" rating for NetEase Cloud Music (09899), with an increase in memberships being the current focus.
Minsheng Securities expects NetEase Cloud Music's net income for 2024, 2025, and 2026 to be 1.3, 1.5, and 1.7 billion yuan, respectively.
NetEase Shuts Down Chinese-Japanese Gaming Spin-off Ouka Studios, Developer of Visions of Mana
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.
China Approves 135 Games in December, Including NetEase's ANANTA and Tencent's Monster Hunter: Outlanders
WayneTheBoon : I’ve been saying this for years that Nio is not primary listed in HK so it’s doesn’t get investments from the mainland, but no one listens