Bilibili (09626) opened up more than 4% at the opening, as of the time of publication, it has increased by 4.59%, reported at HKD 122.90, with a turnover of HKD 39.11 million.
According to the Zhitong Financial App, Bilibili (09626) opened up nearly 4% and, as of the time of publication, has increased by 4.59%, reported at HKD 122.90, with a turnover of HKD 39.11 million.
In recent news, the game "The Three Kingdoms: Fate of the Empire" released by Bilibili has been ranked third in the overall income rankings on the iOS app store on its first day, second only to Tencent's two masterpieces, "Dungeon & Fighter" and "Honor of Kings", and surpassing "Peace Elite" and Netease's mobile game "Nishuishan".
According to a research report released by Morgan Stanley, the commercialization level of "The Three Kingdoms: Fate of the Empire" is low, the gameplay is simplified, and the hero system is creative. In addition, in recent years, the game industry has been lacking a outstanding SLG new work, it is expected that this game will be boosted. Considering that this is Bilibili's first SLG work, it is expected to have a first-year revenue of 1 billion yuan, and a target price of $14 for the US stock is given, with a rating of "synchronous with the broader market".
Minsheng Securities believes that the new game product cycle is still the most core investment strategy in the game sector at present, and it is important to pay attention to the testing and launch time of key new game products, as well as the performance of related game products that will promote the revaluation of the value of relevant listed companies.