Hong Kong Stock Market News | BILIBILI-W surges over 6%, leading the gaming stocks. Import game licenses for February have been released, including multiple console games.
In the morning session, game stocks opened higher. As of the time of writing, BILIBILI-W rose 5.83% to HKD 76.3, IGG rose 4.01% to HKD 2.85, Tencent rose 3.98% to HKD 282.4, and NTES-S rose 3.53% to HKD 161.3. In terms of news, the National Press and Publication Administration released the list of imported online game licenses for 2024, with a total of 32 games approved. Among them, Tencent's imported Nintendo Switch games "Kirby Star Allies," "Taiko no Tatsujin," and "Pokémon: Let's Go, Pikachu!/Let's Go, Eevee!" are also included. It is reported that the imported game licenses approved this time include games on multiple platforms such as Switch, PS, and Xbox. China Securities previously pointed out that the issuance of licenses, in terms of timing and quantity, indicates a positive signal from the policy side. The bank believes that with the increase in the number of licenses issued, the gaming industry has a high level of prosperity, and it is recommended to pay attention to the testing of new products and the marginal changes brought by their launch.
Zhitong App learned that gaming stocks opened higher in the morning session. As of the time of writing, BILIBILI-W (09626) rose 5.83% to HKD 76.3, IGG (00799) rose 4.01% to HKD 2.85, TENCENT (00700) rose 3.98% to HKD 282.4, and NTES-S (09999) rose 3.53% to HKD 161.3.
In terms of news, the National Press and Publication Administration released the list of imported online game licenses for 2024, with a total of 32 games approved. Among them, TENCENT introduced the Nintendo Switch games "Kirby Star Allies," "Taiko no Tatsujin," and "Pokémon: Let's Go, Pikachu! and Let's Go, Eevee!" It is reported that the imported game licenses approved this time include games on multiple platforms such as Switch, PS, and Xbox.
Previously, Great Wall Securities pointed out that the timing and quantity of license issuance indicate a continued positive signal from the policy side. The bank believes that with the increasing number of license issuances, the gaming industry has a high level of prosperity. It is recommended to pay attention to the testing of new products and the marginal changes brought by their launch.