The Zhitong Finance App learned that some game stocks have risen. As of press release, China Mobile Games (00302) rose 5.67% to HK$1.49; Zen Tour Technology (02660) rose 4.71% to HK$4.45; NetEase (09999) rose 1.12% to HK$162.1; and IGG (00799) rose 0.32% to HK$3.17.

According to the news, according to the “2023 China Game Industry Report”, the actual sales revenue of the domestic game market in 2023 was 303 billion yuan, an increase of 13.95% over the previous year, breaking the 300 billion mark for the first time. The number of users reached 668 million, an increase of 0.61% over the previous year, a record high. Also, on December 15, the genuine family party game “Yuanmeng Star” developed by Tencent's Tianmei Studio was officially launched. After going live, it quickly reached the top of the iOS free list.

Pacific Securities believes that various data on the game industry in 2023 shows that the game industry is recovering significantly. Continued breakthroughs in new technology are expected to drive the industry to continue to grow in the future, and the continuous enrichment of new genres and categories of games is expected to bring new volume to the industry. Zheshang Securities said that the party game circuit has great potential, and Tencent's addition is conducive to leveraging growth, further expanding the user base of party games and increasing activity, and opening up the industry's size limit.