HK Stock Market Move | Archosaur Games (09990) surged over 20% in the morning, and "Dragon Raja: The Gate of Cassel" officially entered public beta, topping the free chart for three consecutive days and entering the top ten best-selling chart.
Zulong Entertainment (09990) surged over 20% in the morning trading session, by the time of drafting, it increased by 20% to 1.92 Hong Kong dollars, with a trading volume of 3.6097 million Hong Kong dollars.
ARCHOSAUR GAMES (09990) rose more than 20% in the morning session, up 20% as of the time of writing, trading at 1.92 Hong Kong dollars, with a turnover of 3.6097 million Hong Kong dollars.
In terms of news, ARCHOSAUR GAMES independently developed and officially launched the card RPG mobile game ": " authorized by both the official "" and the "" animation on September 12th for public beta testing. Within just three days, this game not only dominated the iOS free games chart, but also quickly entered the top ten on the iOS game sales chart.
CICC previously released a research report stating that the mainland China version of "" is scheduled to launch in March 2023, and the overall performance is stable. Even during the key clothing launch period, it can still enter the top ten on the iOS game sales chart, indicating a relatively solid user base. The product achieved year-on-year revenue growth in the first half of this year. In addition, ": " is scheduled for full channel public beta testing on September 12th. The company also disclosed in the interim report that "" will be launched by 2024. It is recommended to pay attention to the impact of these two products on the company's revenue and profit performance in the second half of 2024.
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