The STAR Market Gives Birth to a New 'Stock King' in the A-Share Market: How Did Lianxun Instruments’ Share Price Surpass Kweichow Maotai in Just 14 Trading Days After Listing?
①The share price of Lianxun Instruments surpassed that of Kweichow Maotai, making it the new 'highest-priced stock' in the A-share market; ②This surpassing of Kweichow Maotai by Lianxun Instruments marks the latest episode in the frequent shifts of the 'highest-priced stock' position in the A-share market since late April.
Lianxun Instruments becomes the new king of A-share IPOs! Its stock price surpasses Kweichow Maotai within a month of listing.
Less than a month after its listing, the share price of Lianxun Instruments once surpassed that of Kweichow Maotai, making it the highest-priced company in the A-share market. With the explosive growth in demand for AI computing power, the group of stocks trading above one thousand yuan is rapidly shifting from consumer leaders to hard-tech companies such as optical modules and optical chips.
April's overseas revenue rankings for Chinese mobile games have been released: Shengqu Games has three titles in the top 10 by revenue, while Yostar occupies the top two spots on the growth chart.
①The competitive landscape of China's mobile gaming industry in overseas markets is becoming increasingly clear; ②Data shows that in April, SLG (strategy games), survival strategy, merge, and anime-style RPG products were the main contributors to revenue; hyper-casual puzzle and merge games were the primary categories for gaining traction in overseas markets; ③Industry insiders believe that currently, leading Chinese mobile game developers rely on hit titles to secure a stable foundation, while emerging developers quickly capture market gaps and achieve breakthroughs with distinctive thematic products.
Persistent increase in sales expenses? G-bits responds: There is a cycle for buyback of traffic, and we focus more on total profit than ROI | Earnings call highlights
① G-bits held an earnings briefing today. Regarding the sharp increase in sales expenses, the company stated that user acquisition spending has a certain payback period—initial marketing outlays are first reflected in expenses and only gradually translate into revenue and profit over time. ② The company also noted that it has widely adopted AI across game development, creative production, and publishing. It believes the key to addressing rising user acquisition costs and the impact of AI lies in delivering fresh and engaging experiences to players.
Breaking: This company has been investigated by the CSRC for alleged violations of regulations due to misleading statements in information disclosure | Post-market announcement highlights
BIWIN Storage: Plans to provide contract manufacturing services for Haiguang Xinzhi's optoelectronic interconnect products and offer financial assistance of up to 200 million yuan for raw material procurement.
Why did last year's performance decline, how to confirm revenue, and will agency sales be scaled back? Guizhou Maotai responds to investor concerns | Earnings Meeting Coverage
① Last year, Maotai's performance declined for the first time due to an active strategic contraction. In the first quarter of this year, net profit growth lagged behind revenue growth, caused by price reductions of high-end liquor and structural adjustments. ② Regarding the consignment sales model, Maotai will comprehensively coordinate and dynamically adjust product distribution to maintain a stable and orderly market. ③ Maotai emphasized that its financial reports are true, accurate, and complete. Dividends and buybacks will be strictly executed according to plan, and no exclusive purchase channels for shareholders will be established.