China news agency, Beijing, March 13 (Reporter Chen Kangliang) China A shares were "cold" on Wednesday, and all the major stock indexes fell, but the game sector strengthened against the trend.
According to the data of Oriental Fortune, a financial data service provider, the game sector rose by 4.52% that day, leading the way. In terms of individual stocks, the share prices of Dasheng Culture, Huicheng Technology, Caesar Culture and century huatong all gained daily limit (up by 10%).
Wang Liying, an analyst in orient securities, said that the main reason for the strength of the game sector on that day was that with the recovery of the popularity of the A-share market, the rotation effect of the sector was enhanced, and the game sector had the momentum to make up for the increase due to the relatively small increase in the previous period. In addition, there are many positive news about the game industry recently, including the upcoming Game Developers Conference and the expected return of Blizzard games to the China market, which are conducive to activating the popularity of this sector.
According to media reports, the annual Global Game Developers Conference will be held in the near future. As an influential industry summit in the global game industry, this conference will show the latest progress of AI-enabled games with artificial intelligence (AI) as the key word.
Zhang Heng, an analyst at Guosen Securities, said that the current China game version number is normalized, which is conducive to the stable release of quality products; New technologies such as AI are expected to promote the game industry to reduce costs, increase efficiency and innovate interaction methods, thus bringing about business model innovation. Combined with the valuation level of the sector, we are optimistic about the investment value of the game sector.
As far as the overall performance of the market is concerned, as of the close of the day, the Shanghai Composite Index reported 3043 points, a decrease of 0.4%; The Shenzhen Component Index reported 9604 points, a decrease of 0.27%; The growth enterprise market index reported 1895 points, down 0.57%. (End)