The Zhitong Finance App learned that Citi released a research report stating that the IGG (00799) investment rating was upgraded from “neutral” to “buy” to reflect that revenue for the first half of the year beat expectations, with a target price of HK$5.5. The company's growth prospects are diversified. It is expected that it will turn a loss into a profit in the second half of the year. There are many types of game businesses, high profit margins in the app business, and a slight reduction in promotion expenses, and the application of AI will also bring support. In addition, IGG's adjusted loss was 334 million yuan, which was better than the guidelines. The increase in gross margin was offset by the increase in spending on the promotion of new games.