Last week, the repair market of the media sector was significant, and the market’s confidence in the game sector was gradually restored. CITIC media index rose 5%, ranking sixth in CITIC’s primary industry index. Among them, the game index rose by 5.89%, and leading stocks such as Wuhu 37 Interactive Entertainment Network Technology Group Co.Ltd(002555) , G-Bits Network Technology(Xiamen)Co.Ltd(603444) and G-Bits Network Technology(Xiamen)Co.Ltd(603444) rose by more than 10%. By the end of last weekend, Hong Kong listed game companies had successively disclosed their performance in 2021. When most game companies are affected by the suspension of Chinese version numbers, the performance of Hong Kong stock game companies is also affected accordingly. Among the 9 Hong Kong stock game companies that have disclosed their performance in the table below, 8 companies have made profits and 2 companies have made losses; The only companies with net profit growth are Tencent holdings, Netdragon and celadon games. In 2022, the new products of these companies we focus on include: Tencent has obtained the edition numbers of “dawn awakening” and “dark zone breakthrough” in the Chinese market; The self-developed fighting game “flashparty” of Xinxin company topped the IOS free list in Japan and is expected to be launched in China after obtaining the version number; The community nurturing mobile game “Obi Island: dream country” launched by Baiao family interaction program will be released with thunder game; ZuLong Entertainment’s big world team Adventure Tour “Noah’s heart”. The time travel agency of celadon game has completed the first round of testing in Hong Kong, Macao and Taiwan.
Risk warning: covid-19 epidemic prevention and control; Required consumer price; China’s regulatory policy; Overseas Internet market policy.
Market performance review: CITIC media index rose or fell by 4.97% throughout the week, outperforming Shanghai Composite Index, Shenzhen Composite Index and gem index, ranking sixth among 30 CITIC primary industries. From the perspective of subdivided industries, the information search and aggregation sector performed best last week, with CITIC’s tertiary index rising or falling by 6.56%, followed by the game and radio and television sectors.
Industry highlights: the three departments jointly issued the opinions on further standardizing the profit-making behavior of webcast and promoting the healthy development of the industry| Taobao app has supported wechat payment| WeChat: ordering the meal to force the public official account to be rectified 95%. Being listed in the “pre delisting list” by the United States, iqiyi responded: actively seek solutions to protect the interests of shareholders| The tiktok electric provider launched the spring rain plan to encourage creativity. Tiktok tests the search advertising function, which can accurately locate consumers| Tiktok was selected as the world’s most influential enterprise by time| Kwai to start blue collar recruitment upgrade plan. Kwai’s revenue in 2021 was 81 billion yuan, adjusted by a net loss of 18 billion 800 million yuan. Seven new domestic films announced their withdrawal from the Qingming Festival| The four games of chuangmengtiandi will cooperate with Tencent in research and transportation| The mobile game “dream new kill immortal” has been launched in many overseas places and is mainly distributed by Perfect World Co.Ltd(002624) independently| Zhejiang Century Huatong Group Co.Ltd(002602) access to the national copyright transaction protection alliance chain to improve the ability of digital cultural and creative IP rights confirmation service| Game companies such as heart company, China mobile game, Netdragon and Hangzhou Electronic Soul Network Technology Co.Ltd(603258) announced their annual reports for 2021|
