Computer Games

[winston]

Internet – China
3Q22 Game Market Remains Weak After Lockdowns

We expect China’s 3Q22 game revenue performance to be weak or below the street’s
estimates, an 11% further drop in September’s grossing.

The games being approved in Sep 22 are mainly from smaller players, while Tencent has yet to receive a new game approval since Jul 21, which has become a laggard to the company.

We remain cautiously optimistic at this juncture pending the resumption of near-term sentiment.

Maintain MARKET WEIGHT.

Source: UOBKH

https://research.uobkayhian.com/content ... ac2d878f86

[winston]

G Sachs: CN Game Industry Hails Multiple Positives, Recommends Tencent/ NetEase/ XD

Multiple positive factors including:-
1. Increased revenue due to a relaxed regulatory environment
2. Continued margin expansion as game publishers reduce channel costs and
3. Emerging AIGC themes that will transform the entire game value chain by reducing R&D costs or speeding up the development of new games.

As of May, the total revenue contribution from these new games accounted for 15% of China's mobile game revenue.

Investors are concerned whether the accelerated release of new games will put competitive pressure on legacy games, given the stagnant total game population and the limited time spent by users during the re-opening period.

Source: AAstocks.com

http://www.aastocks.com/en/stocks/news/ ... -news/AAFN

[winston]

Spending of Global Mobile Game Players Stay Flattish YoY in Jul; 'Honor of Kings' Remains Top Seller

The aggregate spending of global mobile game players on App Store and Google Play, reached USD6.56 billion in July 2023, largely flattish on a YoY basis, according to information from Sensor Tower.

Tencent-developed "Honor of Kings" retained the title as the top seller among mobile games throughout the world, amassing USD220 million in total from App Store and Google Play.

Source: AAStocks Financial News

[behappyalways]

Classic video game elf, early AI technology creates exciting gaming experience

經典電玩小精靈 早期AI技術創造刺激遊戲體驗｜FOCUS午間新聞 20230822 @tvbsfocus

https://m.youtube.com/watch?v=m_yCGdG7ghc

[winston]

The videogame business is enormous

According to a report by SuperData Research, the global gaming market was valued at $159.3 billion in 2020. This includes revenue from console games, PC games, mobile games, and esports.

To put that in perspective, the music industry was valued at $19.1 billion in 2020, while the movie industry was valued at $41.7 billion.

That means the gaming industry is making more than three times as much money as the music industry and almost four times as much as the movie industry.

Source: GamerHub

[behappyalways]

Saudi Arabia will host the "E-Sports World Cup" next year! There are an estimated 640 million e-Sports fans worldwide

沙國明年主辦「電競世界盃」!全球電競迷估達6.4億人｜方念華｜FOCUS全球新聞 20231024@tvbsfocus

https://m.youtube.com/watch?v=fA8anss8PTU

[behappyalways]

What Are The Best Selling Video Game Franchises In The US?
https://www.zerohedge.com/technology/wh ... nchises-us

[winston]

China’s video game market returns to double digit growth in 2023 but overseas expansion slows

The total number of gamers in the country inched up 0.6 per cent to 668 million in 2023, while authorities approved 873 new domestic titles in the first 11 months

The US remains the top destination for overseas expansion of Chinese mobile gaming companies, accounting for 32.5 per cent of their overseas revenue

by Ann Cao

Source: SCMP

https://www.scmp.com/tech/big-tech/arti ... sion-slows

[winston]

China to tighten controls on video gaming industry, prompting sell-off in Tencent and NetEase shares

The National Press and Publication Administration’s draft rules bar online games from offering rewards that entice users to play and spend excessively

The industry regulator is seeking public comments on the draft regulation until January 22

by Xinmei Shen and Ann Cao

Source: SCMP

https://www.scmp.com/tech/big-tech/arti ... ast-shares

[winston]

China is softening stance on gaming after US$80 billion rout

China approved 105 domestic games on Monday, the latest indication that Beijing is softening its stance after its move to tighten industry restrictions led to a US$80 billion rout last week.

The titles included those operated by Tencent Holdings and NetEase Inc, China’s two leading game publishers that have been pummeled by Beijing’s new rules.

Additional restrictions include a ban on rewards for frequent log-ins and forced player-duels, and even a prohibition on content that violates national security.

Several analysts including those from Citi also said shortly after the new restrictions came out that Tencent and NetEase should not be significantly affected, but that did not prevent the shares of both companies from tumbling in US trading.

Source: Bloomberg

https://www.theedgesingapore.com/news/c ... llion-rout