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China's Mobile Gaming Sector Revenue Falls 6.7% in May
09:34 PM EDT, 06/26/2022 (MT Newswires) -- China's mobile game industry recorded a 6.74% year-over-year drop in revenue in May to 22.92 billion yuan ($3.43 billion), Xinhua News Agency reported Sunday
Opinion | the version number is issued for the second time this year, is the severe winter of the game stock over?
Brief introduction of the author: he is currently the Deputy General Manager of the Business Department of Sino-Thai Capital Management Fund, a Bachelor of Materials Science of Fudan University and a Master of Physics of Fudan University. As the "dragon standard" of the game industry, the release of version numbers has been gradually tightened in recent years. In 2019, the cumulative number of game version numbers issued in China was 9368; in 2018, the SARFT had a strong impact on the progress of game approval due to institutional reform, and the number of games issued in that year directly doubled to only 2064; and then, from 2019 to 2021, the number of version numbers issued ushered in three consecutive declines, which were 1570, 1405 and 755 respectively. Not only that, since August 2021,
Hong Kong stocks opened high, with the Hang Seng Index rising 1.19% and the Hang Seng Science and Technology Index 1.28%. Most of the stocks in the Science and Technology Index rose, Alibaba Health Information Technology and XPeng Inc. rose by more than 3
Meta's Biggest Rival Posts Visible Success On Gaming Foray Despite Bigger Rivals Like Tencent, NetEase
TikTok parent ByteDance Ltd's gaming foray exudes promise as spending across its mobile titles grew over the past year, according to Sensor Tower.The report highlighted TikTok owner generated $1 billi
Hong Kong stocks opened higher, the Hang Seng Science and Technology Index rose 0.83%, the Hang Seng Science and Technology Index rose 1.47%, the Science and Technology Index rose generally, BABA rose more than 4%, Bilibili Inc. rose nearly 4%, XPeng Inc.
Close: the three major indexes closed higher, and the hot Chinese stocks performed brightly.
The Dow is up 0.64%, the Nasdaq is up 1.62%, and the S & P 500 is up 0.95%. Most leading science and technology stocks rose, Amazon.Com Inc rose more than 3%, Microsoft Corp and Apple Inc rose more than 2%; hot Chinese stocks strengthened, XPeng Inc. rose nearly 8%, BABA, Li Auto Inc. and Pinduoduo rose more than 6%.
Yan Cai: is the upwind turnaround time for Internet giants coming?
In the early days, Yancai has summarized the overall situation of the industry in the first quarter of the US stock market.
Everbright Securities: the head manufacturer with strong game output ability when the domestic game industry enters the stock market.
According to a research report released by Everbright Securities, the domestic gaming industry has entered the stock market with tighter regulation, overseas markets are in the ascendant, and global companies with strong self-research capabilities are more likely to take the initiative in the offshore market, Everbright Securities APP learned. The game version number is expected to return to normal distribution, accelerate the progress of the product line of the game industry, contribute to the performance increment, and continue to pay attention to the progress of the new batch of version numbers. The sustained and stable output of high-quality new games, new content and new activities is the core competitiveness of mobile game manufacturers, which is optimistic about the head manufacturers with strong industrial output ability of game content. In addition, Kingsoft (03888) has a bright performance in overseas markets recently.
With the release of the top 200, who is the potential king of meta-universe?
Although there are still many differences in the industry's views on meta-universe, both bullish and pessimistic, the giants have already come to an end one by one.
Closing: Powell hinted at the possibility of recession, the three major indexes closed down, and the energy sector was under pressure.
The Dow fell 0.15%, the Nasdaq 0.15%, the S & P 0.13%; most large technology stocks fell, NVIDIA Corp fell more than 2%, Apple Inc and Meta Platforms fell slightly; oil stocks fell, Chevron Corp fell by more than 4%, Exxon Mobil Corp and Western oil fell by more than 3%; hot Chinese stocks varied, with Pinduoduo down more than 4%, BABA down more than 1%, XPeng Inc. up more than 1%, and Li Auto Inc. nearly 3%.
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