Hong Kong stock concept tracking | "Black Myth: Wukong" Steam sales total revenue nearly 6.8 billion yuan, the market focuses on the valuation repair of the game sector (with concept stocks)

On September 20th, the latest data from the foreign data analysis company VG Insights shows that the domestic 3A game "Black Myth: Wukong" has sold 20 million copies on the Steam platform, with total revenue exceeding 961 million US dollars. In addition to the Steam platform, the game is also available on WeGame, PlayStation, and Epic Games Store platforms. Huatai predicts that the game's annual sales are expected to reach 30-40 million copies. Pacific Securities released a research report stating that the breakthrough achievement of "Black Myth: Wukong" validates the trend of high-quality domestic games, and with the policy support to improve the quality of online games issued by the State Council previously, it is expected to bring about a valuation repair in the gaming sector. The market is focusing on many companies preparing to launch games in the second half of the year and begin a new product cycle. Companies in the gaming industry chain include: Tencent (00700), NetEase (09999), Bilibili (09626), XD Inc (02400), China Ruyi (00136), Pop Mart (09992), iDreamSky (01119), etc.