miHoYo

<p>The success of Black Myth: Wukong has triggered a change in the investment logic of the gaming industry, leading to a surge in the stock prices of related A-share companies. Despite the game achieving sales in the tens of millions, its sustainability in revenue compared to miHoYo's Genshin Impact, a mobile gaming giant, remains questionable. Black Myth: Wukong has set a new benchmark for single-player games in China, stimulating industry discussions on the feasibility of in-game item monetization models. While some gaming companies are hopeful due to its success, the industry as a whole still needs to be vigilant against market volatility</p>

- The game "Hei Shen Hua: Wu Kong" has become a global sensation, marking a milestone in China's cultural industry and driving related A-share companies' stocks up. Despite success, opinions vary within the gaming sector on its impact and revenue potential compared to other popular games like "Genshin Impact" and "Journey to the West." The game's sales performance and revenue projections suggest a potential shift in the gaming industry's investment logic, with estimates indicating significant profits and potential industry influence.
- The success of "Hei Shen Hua" challenges prevailing industry norms, particularly in the realm of AAA game development versus mobile gaming's microtransaction model. While AAA games require substantial investment and face profitability uncertainties, their cultural impact and revenue potential remain significant. The game's success highlights the evolving landscape of the gaming industry, prompting smaller companies to explore innovative development strategies to compete with industry giants like Tencent and NetEase.
- The game's unique blend of Chinese culture and historical themes not only sets a new standard for game development but also has broader implications for cultural influence and international perceptions. While the game's financial success may not revolutionize the entire gaming industry's profitability, its cultural resonance and potential for international appeal underscore the importance of creative and culturally rich content in shaping global perceptions and consumer preferences.

Black Myth: Wukong has changed the investment logic of the gaming industry