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On March 29, the National Press and Publication Administration released the approval information for domestic online games in March 2024, with a total of 107 games approved, including 45 mobile versions, 57 mobile-casual puzzle versions, and 1 console version. Wanlian Securities stated that the continuous increase in game approvals and high-quality mobile games are driving positive market expectations. In 2024, the continuous issuance of game approvals, the launch of high-quality blockbuster new games by leading manufacturers, and the overall positive expectations for the Chinese game market, coupled with the strong performance of leading products in overseas markets and stable revenue from China's self-developed games abroad, suggest that the game market is expected to show a growth trend. Related concept stocks: Bilibili-W (09626), NetEase-S (09999), CMGE (00302), Tencent Holdings (00700).
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