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<Research>Daiwa: Mkt Overreacts to AI Disruption to Game Sector; Top Picks TENCENT/ BILIBILI-W/ Others w/ Ratings Buy
Recommend 33 Positive 41 Negative 11 |
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The market overreacted to the impact of AI disruption to the game industry, and believing that core creative leadership remains in human hands, Daiwa released a research report saying. The broker reiterated its Positive rating on China's online game sector, with top picks including TENCENT (00700.HK), BILIBILI-W (09626.HK) and NTES-S (09999.HK). Daiwa was bullish on TENCENT, BILIBILI-W and NTES-S, believing that they possess comprehensive capabilities, vision advantage and live-operation strength. The table below shows Daiwa's ratings and target prices for the relevant stocks: Stock | Rating | Target Price Bilibili (BILI.US) | Buy | US$32 BILIBILI-W (09626.HK) | Buy | $250 NetEase (NTES.US) | Buy | US$165 NTES-S (09999.HK) | Buy | $257 TENCENT (00700.HK) | Buy | $710 Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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