08:10[CITIC Securities: It is recommended to view the draft of new online game regulations rationally. In the medium and long term, there are still development opportunities for the Chinese game industry]CITIC Securities stated that the National Press and Publication Administration drafted the “Online Game Management Measures (Draft for Comments)” It also publicly solicited opinions from the public and added some new provisions. Compared with the previous regulations, the supervision was stricter and the coverage was wider. The market responded strongly to this. We believe that the goal of the draft management measures is to ensure and promote the prosperity and healthy development of the industry. It is recommended to pay attention to its final implementation and view its impact rationally. On the same day, the version numbers of 40 imported games were subsequently issued. At present, the number issuance is still at a normal pace. At the same time, supervision emphasizes encouraging high-quality original games and games to go overseas. The game industry is an industry that focuses on innovation. Through technological innovations such as AI and VR, as well as business model innovations in gameplay and categories, there are still development opportunities for the Chinese game industry in the medium to long term, especially for related companies that focus on high-quality content and overseas development.
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