Changes in Hong Kong stocks | Xindong (02400) rose more than 5% at the end of the session Goldman Sachs indicates that the company's game revenue growth rate is expected to accelerate in the second half of 2026

The Zhitong Finance App learned that Xindong (02400) rose more than 5% at the end of the session. As of press release, it rose 3.99% to HK$39.06, with a turnover of HK$44.22,400.

Goldman Sachs released a research report saying that the growth rate of Heartbeat's game revenue will accelerate from 12% in the first half of 2026 to 21% in the second half of the year, mainly supported by the incremental contribution of the overseas edition of “Heartbeat Town”. Currently, “Heartbeat Town” and “Torchlight: Infinity” together account for about 70% of the company's game revenue. The bank believes that the two games provided a relatively solid foundation for the company's gaming business.

Looking ahead to 2027 and beyond, the company plans to conduct a second round of testing of “Ragnarok 2” by the end of 2026, and is tentatively scheduled to launch in the first quarter of 2027. The exact time still depends on the test results; “Let's Go Muffin 2” is initially scheduled to be launched in the fourth quarter of 2027. In addition, the company has other self-developed games in the development stage. Goldman Sachs believes the company's current more stable gaming product portfolio will help support sustainable growth.