Investment Rating - Industry Rating: Recommended [6] Core Insights & Investment Recommendations - The gaming industry in 2024 is expected to reach a record high revenue of 325.783 billion RMB, representing a year-on-year growth of 7.53% [2][36] - The number of gaming users has reached 674 million, an increase of 0.94% year-on-year, marking a historical peak [2][36] - Revenue from Chinese-developed games in overseas markets has reached 18.557 billion USD, with a year-on-year growth of 13.39% [2][36] - The distribution of overseas revenue shows that the United States accounts for 31.06%, Japan for 17.32%, and South Korea for 8.89%, totaling 57.27% [2][36] - OpenAI's Sora video generation tool has been launched, allowing users to create videos with a maximum resolution of 1080p and a duration of up to 20 seconds [3][38] - The report suggests focusing on three sectors benefiting from policy incentives: gaming industry, Hong Kong internet sector, and film & tourism [4][39] Market Overview - In the week of December 9-13, 2024, the Shanghai Composite Index fell by 0.36%, while the SW Media Index rose by 4.11%, ranking third among 31 industries [1][21] - The gaming sector saw a rise of 3.25%, contributing to the overall positive performance of the media industry [1][21] Industry News - Capcom announced a game competition for students using its RE engine, aiming to nurture future talent in the Japanese gaming industry [43] - NetEase's game "Marvel Showdown" reached 10 million players within three days of launch [44] - The TGA 2024 final nominees include several Chinese-developed games, highlighting the competitive landscape [45] - The film "Good Things" has achieved a box office of 549 million RMB, leading the market in November [84]
传媒行业周报系列2024年第50周：游戏产业年度收入创新高，Sora视频工具正式上线
HUAXI Securities·2024-12-15 08:15