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Restart of game version number after 8 months Hong Kong game stocks rose sharply

Financial Associated Press (Shanghai, editor Hu Jiarong) news, the official website of the Press and Publications Administration announced on Monday night the approval information of domestic online games in April, of which a total of 45 online games were approved, this news triggered a hot discussion in the market, driving Hong Kong game stocks to soar.

Restart of game version number after 8 months Hong Kong game stocks rose sharply

According to the list announced, it involves a number of Internet companies such as Tencent Holdings (00700.HK), NetEase-S (09999.HK), Heartbeat Company (02400.HK), Dreamworld (01199.HK), Yuwen Group (00772.HK), Bilibili-SW (09626.HK), Kingsoft (03888.HK), Baidu Group-SW (09888.HK) and so on.

As of press time, Heartbeat Company rose 14.14%; Bilibili rose 11.26%; Tencent Holdings rose 3.62%; and Dreamworld rose 5.53%.

Restart of game version number after 8 months Hong Kong game stocks rose sharply

After 8 months of rebooting the version number The game company returned blood

According to the statistics of the Financial Associated Press, since 2019, the State Press and Publication Administration has approved a total of 3352 game version numbers, of which 1365, 1308 and 679 have passed in 2019, 2020 and 2021, which can be seen that the number of version numbers has continued to shrink, while in 2016 and 2017, the approved game version numbers have been 4050 and 9369 respectively. In terms of the length of the suspension of approval, it has been 8 months since the last july release of the version number, which is almost the same as the length of 2018.

In mid-2021, the mainland issued the Notice on Further Strict Management to Effectively Prevent Minors from Addicting to Online Games, which was called "the strictest and strongest anti-addiction regulations in history" by many people. After entering 2022, many game manufacturers have said that they expect that after the restart of this version, the ecological environment of the healthy and normal operation of the game industry can be maintained.

However, for manufacturers whose domestic profits account for 40%-70%, the restart of the version number will greatly alleviate the pressure of layoffs and other pressures, and re-carry out research and development and market promotion, which will also play an indirect role in boosting the economy.

CITIC Securities Research Report pointed out that in 2022, the first batch of domestic online game version numbers resumed issuance, affirming the rectification effect of the game industry in the past 8 months, for the game industry policy orientation, adhere to the high-quality content to the game and reduce the game addiction strategy, strengthen the protection of minors, encourage the sea will become the game industry's future long-term development path. With the resumption of game version numbers, the game industry as a whole is expected to pick up.

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