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<Research>HTSC: 'Black Myth : Wu Kong' Full-yr Grossing Expected to Surpass RMB10B, Leading Revival of PC Game Mkt
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The first domestic 3A game “Black Myth : Wu Kong” was released globally on 20 August, and was launched on Steam, Tencent Wegame, Epic, PS5 and other game platforms, with first week sales volume of over 15.4 million, Huatai Securities issued a research report saying. Huatai Securities expected the game's first month sales volume to exceed 20 million, and annual sales to reach 30 million to 40 million, corresponding to a grossing ranging from RMB10 billion to RMB14 billion. Huatai Securities forecasted “Black Myth” to lead the revival of the PC game market, and promote the output of Chinese culture. Although the market is concerned about the one-off buyout system of 3A games, many game makers have successfully combined it with the pay for props model of MMO games, such as the leading semi-3A PC games, such as NTES-S (09999.HK)'s Justice Mobile and Tencent's Moonlight Blade. Huatai Securities believed that the long-term operational capability of game makers is crucial to their success in transforming from a buyout system to a pay for props model. AAStocks Financial News |
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