HK Stock Market Move | KINGSOFT (03888) rose more than 3% as the company becomes the exclusive agent for the game "Goose and Duck Kill" in China. The public testing for the game "Unlocking Machine" is about to begin.

KINGSOFT (03888) rose more than 3%, as of the time of writing, it was up 3.46% to 41.9 Hong Kong dollars, with a trading volume of 4.01 billion Hong Kong dollars. On the news front, "Jie Xian Ji" will officially start its public beta on July 2. It is reported that during the global testing phase prior to this, "Jie Xian Ji" has received praise from global mecha enthusiasts and gamers, with over 2.26 million players participating in the tests and a peak simultaneous online player count exceeding 317,000. According to Morgan Stanley's forecast, if "Jie Xian Ji" ranks between 10th and 20th on the global bestseller list on Steam, the company is confident it will contribute 500 million RMB in revenue by 2025. In addition, Morgan Stanley released a research report stating that the State Administration of Press and Publication recently announced the approval of game releases in June, with "Goose Goose Duck" listed. "Goose Goose Duck" is a licensed social deduction mobile game with 120,000 fans on the Steam Hub and 20,000 active players monthly. The game will start beta testing on June 26, with KINGSOFT as its exclusive agent in China. Morgan Stanley believes that in addition to the upcoming "Jie Xian Ji," this game is a significant new project for KINGSOFT's game channels in 2025.