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中信證券:加強未成年人保護將成遊戲業未來發展路徑

昨日官媒一篇抨擊網絡遊戲為新型毒品的文章重創網遊股。中信證券研報指出,預計遊戲行業未來將沿着降低遊戲成癮性並堅持內容向遊戲戰略、加強對未成年人保護、鼓勵遊戲廠商出海三條路線長期穩定發展。雖然未成年人防沉迷建設和着重發展優質遊戲內容或將導致遊戲研發週期延長和ROE有所下滑,但這也將推動遊戲行業良性發展,以及更加側重內容和技術的高質量遊戲和中輕度遊戲的健康發展;同時鼓勵出海也將拓展優質遊戲廠商的發展空間。

研報認為,心動(2400.HK)TapTap以及騰訊(0700.HK)、網易(9999.HK)等優質遊戲內容廠商的長期發展潛力依然可觀,看好其堅定推進未成年人保護,大力發展3A級遊戲內容和精品獨立中輕度遊戲,並且於海外市場已有良好佈局。

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