HK Stock Market Move | XD INC (02400) rises more than 7%, "Heartbeat Town" breaks record on the bestseller list, new card pool is expected to drive revenue growth.

XD INC (02400) rose by more than 7%, as of the time of reporting, it was up by 6.95% to HK$20.3, with a turnover of HK$1.22 billion. On the news front, Qimai Data showed that on September 19, XD INC's self-developed game "Heartbeat Town" rose to number 5 on the iOS game bestseller list. It is reported that in the update on September 19, the Golden Oak Guild opened a new exhibition in the Secret Forest series, including "Secret Forest Sprites Awakening" and "Secret Forest Hut Forest Dwelling." Open Source Securities believes that with the stimulation of the new card pool, revenue may increase rapidly. The current download volume of "Heartbeat Town" on TapTap has exceeded 30 million. Changjiang stated that the company's multiple new games continue to prove their self-developed capabilities. "Let's Go Muffin" is expected to be launched in multiple countries and regions overseas in 24H2; "The Sword of Lilac" has already been launched overseas in August; in addition, there are self-developed key projects reserved such as "Isa Reboot Day." Benefiting from the concentrated launch of new games during the summer and the driving force of "Heartbeat Town," it is expected that TapTap's user activity and commercialization will continue to perform well in the second half of the year.