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Hong Kong stock concept tracking | In July, 105 game version numbers were approved. With the coming of the peak season in summer, many games are expected to surpass expectations (with concept stocks attached).
On July 22, the State Administration of Press and Publication released the approval information for domestic online games produced in July 2024, with a total of 105 games approved.
First Shanghai: Rated bilibili-W(09626) as 'buy', with a target price of HKD 156.23.
Bilibili is expected to achieve Non-GAAP operation profit breakeven in Q3.
In June, a total of 30 games entered the Top 10 of the free games chart on the App Store, slightly fewer than the previous two months, according to Qimai Research Institute.
In June, a total of 30 games entered the free game top 10 chart in the App Store, with a slightly lower number of apps compared to the previous two months.
Hong Kong stock concept tracking: Global game revenue is expected to reach 300 billion US dollars in the next three years, and the prosperity of the domestic game industry chain continues to recover. (Attached are concept stocks).
Game permits are now being issued on a regular basis, and top manufacturers are continuing to exert their efforts.
JP Morgan: Feels positive about the future shareholding of Bilibili W(09626), maintains a 'shareholding' rating with a target price of HKD165.
Since its launch in July, the cash revenue of "Three Kingdoms: Strategy for Success" has been strong, now ranking 11th on the IOS revenue leaderboard in Mainland China, enough to drive first-month cash revenue of over 0.6 billion Chinese yuan.
Express News | Bilibili : HSBC Raises Target Price to $18 From $13.5