Bank of America Merrill Lynch published a report that raised the target price of Flying Fish Technology (01022-HK) from 2.2 yuan to 2.4 yuan, maintaining a “neutral” rating. The bank raised Feiyu Technology's profit from 2014 to 2016, on the grounds that the Three Kingdoms Blade's operating performance was better than expected, and that more frequent operating updates also caused it to decline more slowly than the average of its peers. The bank raised its profit from 2014 to 2016, and is expected to rise to $0.11, 0.13 and $0.19 respectively. The bank raised the company's sales from 2015 to 2016 by 5% and 6%, and also increased net profit expectations by 10% and 16% in response to the company's excellent performance in the mobile game Three Kingdoms Blade.