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天风证券:游戏行业估值修复基础相对扎实

Tianfeng Securities: The gaming industry's valuation repair foundation is relatively solid.

Breakings ·  Nov 12, 2024 09:19

Tianfeng Securities' research report pointed out that with a large number of positive reviews from mainstream media for "Black Myth: Wukong", and considering the high level of monthly license approvals, the gaming industry is clearly receiving policy support signals. In addition, with further efforts in domestic stable growth policies and concerns about the resilience of game user consumption potentially reversing, the foundation for the gaming industry valuation repair is relatively solid. A-share game developers have abundant product reserves, and starting from September, the competitive pressure on their mature games will gradually weaken, while the window for new game releases is also expected to significantly improve. As a result, the gaming sector's performance growth is expected to enter a recovery phase starting from the fourth quarter.

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