HK Stock Price Fluctuated | ZX INC (09890) rises more than 8% in the afternoon, with continued increase in Hong Kong Stock Connect holdings. Institutions are optimistic about the performance improvement this year driven by new games.

ZX INC (09890) rose more than 8% in the afternoon, as of the time of publication, it was up 4.83% at HK$30.4, with a turnover of HK$48.94 million. On the news front, Hang Seng Index Company Limited recently announced the quarterly review results of the Hang Seng Index series as of December 31, 2023. ZX INC was included in a total of 19 indexes, including the Hang Seng Composite Index, with the changes taking effect from March 4, 2024. As of March 13, the holding ratio of Hong Kong Stock Connect has reached 0.3%. ANX International previously pointed out that in 2023, due to the delay in the launch schedule of some new games, revenue and performance growth slowed down. It is expected that in 2024, with the increase in revenue from new games such as "City of Dragon Tracks," "Douluo Continent: Shrek Academy," and others soon to be launched, as well as the increase in overseas and casual game channels, performance is expected to improve.