Changes in Hong Kong stocks | Xindong (02400) rose more than 4% at the end of the session, “Ether” and “RO” had outstanding overseas performance, and institutions raised profit forecasts

The Zhitong Finance App learned that Xindong (02400) rose more than 4% at the end of the session. As of press release, it had risen 3.79% to HK$47.9, with a turnover of HK$103 million.

CICC previously released a research report saying that Xindong launched the “Ether” international service on June 5, and the early sales performance was outstanding. “Ragnarok RO: Guarding Eternal Love”, which was newly launched in the first half of 2025, is also good in China's Hong Kong, Macao, Taiwan, and Southeast Asia regions. The trip suggests focusing on the performance of new tours; with the summer season approaching, the growing supply of new tours in the industry will drive the popularity and advertising of the TapTap community. Taking into account the outstanding performance of “Ether” and “Ragnarok RO: Guarding Eternal Love”, the net profit forecast for 2025/26 was raised by 21% to 9.92/1,075 billion yuan.

Furthermore, recently, the Zhejiang Provincial Department of Commerce and 17 other departments jointly issued “Certain Measures to Support Games Going Overseas”, proposing 20 specific measures. Open Source Securities pointed out that the “Measures” comprehensively cover the game overseas industry, platforms, ecology, etc., and provide comprehensive policy support to the game industry. It is expected to further enhance the global competitiveness of domestic game products and drive the development of the overall game industry. Based on the improvement in the industry's product cycle and expected to reach an inflection point, AI continues to be empowered and supported by policies, it is recommended to continue to increase the allocation of the game sector.