财务数据显示，截至2024年12月31日，惠生国际实现营业总收入4427.9万元，同比减少35.17%；归母净 利润-2452万元，同比增长83.02%；毛利率1.22%，资产负债率15.82%。 6月3日，截至港股收盘，恒生指数上涨1.53%，报23512.49点。惠生国际（01340.HK）收报0.038港元/ 股，上涨11.76%，成交量44.4万股，成交额1.63万港元，振幅11.76%。 最近一个月来，惠生国际累计跌幅2.86%，今年来累计跌幅2.86%，跑输恒生指数15.44%的涨幅。 机构评级方面，目前暂无机构对该股做出投资评级建议。 行业估值方面，农业产品行业市盈率（TTM）平均值为4.5倍，行业中值2.56倍。惠生国际市盈率-1.18 倍，行业排名第22位；其他洪九果品（06689.HK）为1.87倍、中国淀粉（03838.HK）为2.1倍、大成糖 业（03889.HK）为3.02倍、广南(集团)（01203.HK）为4.84倍、德康农牧（02419.HK）为6.11倍。 （以上内容为金融界基于公开消息，由程序或算法智能生成，不作为投资建议或交易依据。） 来源：金融界 资料显示，惠生国际控股 ...

此前天鸽互动(01980.HK)发布其2024年年度报告以及环境、社会及管治报告，一份关于过去一年的全面的年度经营成绩单得以呈现。 根据公司公布的年度业绩，期内，其取得收益1016万元；公司拥有人应占溢利2000万元，去年同期则取得亏损1.35亿元；每股盈利0.018元。 | | | Year ended December 31, | | | --- | --- | --- | --- | | | | 截至12月31日止年度 | | | | | 2024 | 2023 | | (in RMB'000) | (以人民幣千元計) | 2024年 | 2023年 | | Revenue | 收益 | 10.160 | 67,621 | | - Online interactive entertainment service | - 在線互動娛樂服務 | 5,641 | 66,394 | | - Others | -其他 | 4,519 | 1.227 | | Gross profit | 毛利 | 8,103 | 58,848 | | Gross profit margin | 毛利率 | 79.8% | 87.0 ...

Core Viewpoint - Zulong Entertainment (9990.HK) reported a strong performance in the first half of 2022, with a revenue of RMB 329.8 million, over 65% of which came from overseas markets, indicating a successful global expansion strategy [1][2]. Group 1: Financial Performance - The company achieved a revenue of RMB 329.8 million in the first half of 2022, with significant contributions from international markets [1]. - As of June 30, 2022, Zulong Entertainment had one game with cumulative revenue exceeding RMB 4 billion, three games over RMB 3 billion, and six games over RMB 1 billion [2]. Group 2: Global Expansion Strategy - Zulong Entertainment has accelerated its "going global" strategy, solidifying its market presence in regions such as Hong Kong, Macau, Taiwan, Japan, South Korea, and Southeast Asia [1]. - The company launched 17 premium mobile games supporting 14 languages across over 170 markets [1]. Group 3: Product Development and Innovation - The company is committed to developing industry-leading games and has received positive feedback for its AAA game "In the Name of Shining" [2][3]. - The game "In the Name of Shining" achieved significant success in its launch, topping various app store charts in multiple regions [3]. Group 4: Industry Recognition - Zulong Entertainment has been recognized as a "potential enterprise" in the top 25 of the "2022 Listed Game Enterprises Competitiveness Report" and received the "White Horse Award" from Gamma Data [4]. Group 5: Future Product Pipeline - The company plans to launch 10 diverse game products, including MMORPGs, SLGs, and shooting games, between the second half of 2022 and 2024 [5]. - Zulong Entertainment is collaborating with major studios like Cameron Studios and Disney for the mobile game "Avatar: Reckoning," which has garnered significant attention [5]. Group 6: Market Challenges and Strategy - The gaming industry is facing both opportunities and challenges in international markets, with a focus on game quality being crucial for success [6]. - Zulong Entertainment aims to leverage its integrated research and operations strategy, diverse game genres, and global IP integration capabilities to achieve sustainable growth [6].

Core Viewpoint - Zulong Entertainment (9990.HK) demonstrated strong growth in the premium gaming sector despite a challenging market environment characterized by a contraction in game approvals and accelerated industry clearing [1][2]. Financial Performance - For the fiscal year ending December 31, 2021, Zulong Entertainment reported total revenue of approximately RMB 921 million, with overseas business revenue accounting for about RMB 536 million, representing 58.2% of total revenue [1]. - Self-developed business revenue was approximately RMB 448 million, making up 48.7% of total revenue [1]. Product Development and Strategy - Zulong Entertainment launched 16 premium mobile games in over 170 markets, supporting more than 70 regional versions in 14 languages [1]. - The company plans to release 11 new mobile games from 2022 to 2024, including 4 expected to launch in 2022, covering various genres such as MMORPG, SLG, and shooting games [3]. - The MMORPG and shooting hybrid game "Avatar" represents a new entry into the multiplayer online shooting game category, while the adventure game "Noah's Heart" is set to launch in 2022 [3]. User Base and Market Expansion - As of December 31, 2021, Zulong Entertainment's games had a cumulative global user base exceeding 130 million, with three games generating over RMB 3 billion in total revenue [4]. - The MMORPG game "Dragon Tribe Fantasy" achieved over RMB 3.8 billion in global revenue and nearly 40 million registered users within 18 months of its overseas launch [4]. Future Outlook - The management anticipates that with a richer variety of game genres and a more pronounced global style, game performance and lifecycle will further improve [5]. - Analysts from CICC and Zhongtai International have issued reports with "Buy" and "Accumulate" ratings, respectively, recognizing the company's commitment to premium development and the expected product launch year in 2022 [5].

Core Viewpoint - Zulong Entertainment (09990.HK) reported a mid-year performance announcement for 2023, highlighting increased revenue and reduced losses, while continuing to enhance its R&D core competitiveness and improve its integrated R&D and operation model [1] Group 1: R&D Competitiveness - R&D capability is the core competitiveness of Zulong Entertainment, with R&D expenses increasing annually from 2018 to 2022, and a high proportion of R&D personnel at 78.15% of total employees [2] - The company launched 19 premium mobile games by June 30, 2023, with one game generating over RMB 4 billion in global revenue, and several others achieving significant revenue milestones [4] - The application of generative artificial intelligence (AIGC) in the gaming industry is seen as having high potential, with Zulong Entertainment leveraging AI tools to enhance game product development across multiple dimensions [6][7] Group 2: Integrated R&D and Operation - Zulong Entertainment is building advantages in integrated R&D and operation, with comprehensive game publishing and operation accounting for 74.9% of total revenue in the first half of 2023 [8] - The company has successfully launched 19 premium mobile games in over 170 markets, supporting multiple languages and showcasing its refined operational capabilities [10] - The global gaming market competition necessitates a focus on both content innovation and refined operations, which is crucial for the success of Chinese gaming companies in overseas markets [11]

Core Viewpoint - The China Securities Hong Kong 300 Financial Index (H300 Financial) has shown significant growth, with a 15.78% increase year-to-date, reflecting positive market trends in the Hong Kong financial sector [1][2]. Group 1: Index Performance - The H300 Financial Index reported a value of 1896.84 points, with a monthly increase of 8.25% and a quarterly increase of 6.41% [1]. - The index is designed to reflect the overall performance of different industries in the Hong Kong market, based on the China Securities industry classification standards [1]. Group 2: Index Composition - The top ten holdings in the H300 Financial Index include HSBC Holdings (25.81%), China Construction Bank (12.91%), AIA Group (11.04%), and Hong Kong Exchanges and Clearing (7.78%) [1]. - The index is heavily weighted towards the banking sector, which constitutes 65.91% of the index, followed by insurance at 22.47% and capital markets at 11.38% [2]. Group 3: Index Adjustment Mechanism - The index samples are adjusted biannually, with changes implemented on the next trading day following the second Friday of June and December [2]. - Adjustments to the index are made in response to significant events affecting sample companies, such as mergers or changes in industry classification [2].

自5月29日开始，华音国际控股（00989.HK）迎来显著飙升，至6月2日股价已累涨近196%。 而在6月3日，华音国际控股又在高开后迎来暴力拉升，股价在盘中一度暴涨逾236%，并放出天量，异 动明显。此后虽然有所回调，但截至发稿时间仍有近140%的涨幅。 公司拟改名，管理层发生变动 从消息面来看，6月2日，华音国际控股发布公告称，建议将公司的英文名称由「Hua Yin International Holdings Limited」更改为「China Changbaishan Resources Development Company Limited」，及采纳「中 国长白山资源开发建设有限公司」为中文第二名称，以取代现时的名称「华音国际控股有限公司」。 交投清淡，业绩出现亏损 值得注意的是，从资金面来看，华音国际控股近期的上涨明显有资金炒作的迹象，而这和公司的一些基 本情况有关。 一方面，华音国际控股的市值很小，连番大涨之后，市值也不过5亿港元，日常成交更是非常清淡。 从股权结构来看，截至2024年9月30日，7大股东持有公司超过60%的股份。 成交清淡、股权较为集中也意味着只需要少量资金就能控制华音国际控股 ...

Group 1 - The core initiative "Child's Heart, Child's Dream: Art Growth Plan" was launched by Pop Mart in collaboration with One Foundation to raise awareness about children's mental health and art education [1][2] - Pop Mart introduced the MEGA ROYAL MOLLY 400% product, designed by artist Kenny Wong, incorporating children's artwork to reflect their imaginative world [1] - The company committed to donating 500,000 yuan for special children's art education, psychological counseling, and material support, creating a positive cycle of "consumption equals charity" [1] Group 2 - The initiative aims for a systematic collaboration over 2-3 years, establishing a sustainable public welfare IP, emphasizing the importance of art in empowering charity [2] - Pop Mart organized an advocacy event for autism awareness, allowing children with autism to participate in painting, resulting in a collaborative artwork [2] - As a leading cultural entertainment group, Pop Mart focuses on integrating art creation with social responsibility, using trendy toys to bridge communication between special groups and society [2]

平安证券(香港)发研究报告，首次覆盖伟仕佳杰(856.HK)，给予"强烈推荐"评级，目标价9.16港元。 穿越周期稳健增长的IT分销龙头。伟仕佳杰是亚太地区领先的科技产品解决方案及IT服务平台。公司作 为IT分销商处于行业中游，通过对接上游品牌商与下游渠道商，构建IT产品通往终端客户的核心通路。 由于头部分销商拥有全域终端客户的覆盖能力，使得品牌商仅需直接与分销商对接便可以低成本接触到 广泛的客户，大幅降低了库存管理、销售团队扩张、市场需求匹配及售后运维等环节成本，奠定其在产 业链中的关键地位。分销行业因天然低毛利率属性，对资金周转效率与精细化运营能力要求严苛，形成 较高准入门槛，新晋者与中小企业难以快速突破。行业规模效应显著，头部企业通过规模化运营构筑强 竞争壁垒，强者恒强格局日益凸显。公司目前已与超300家世界500强品牌商建立深度合作，覆盖超5万 个销售渠道，龙头竞争优势显著。回顾过往业绩，公司运营管理出色，财务指标稳健。 东南亚市场全速启动增长引擎，释放亚太地区最强发展动能。随着数字化需求激增、云服务扩张、AI 等技术驱动东南亚数据中心市场呈爆发式增长。公司精准捕捉东南亚发展机会，在分销渠道覆盖方面， ...

Prescient Securities将腾讯控股评级从中性上调至增持，目标价630港元，即上涨25%。 ...