According to a research report by Futu, Netease's (09999.HK) newly released game "NARAKA: BLADEPOINT" is currently ranked third on the iOS game revenue chart, with 40 million pre-registrations. It is expected to become a large-scale DAU game that emphasizes game balance and innovation.
Futu believes that if the game can continue to occupy the top three of the game sales chart, Netease's first-month revenue is expected to exceed the forecast of RMB 1 billion. The company maintained a "buy" rating, with a target price of 129 yuan.