傑富瑞料網遊新規對騰訊(00700.HK)盈利影響3% 關注短期或對娛樂內容進一步規管
傑富瑞發表研究報告指,內地當局再加強限制未成年人遊戲時間,考慮到近日市場動態及騰訊(00700.HK)的應對措施,認為消息令人意外,預計短期內投資者將繼續觀察當局加強監管對娛樂內容行業的影響。
計及對騰訊(00700.HK)的影響,傑富瑞指出今年第二季騰訊內地遊戲收入中有2.6%來自16歲以下玩家,而去年第四季騰訊18歲以下的未成年用戶則佔約6%,假設遊戲業務佔集團總收益約60%,新規料對騰訊的盈利造成約3%影響。
該行又指,如果當局對未成年人的保護措施擴展到其他領域,則對娛樂行業業的前景感到擔憂。該行量化影響後,預計政策對網易(09999.HK)收入影響很小,因只有低單位數百分比收入來自未成年用戶;對虎牙、鬥魚和嗶哩嗶哩(09626.HK)的收入影響亦有限,指出該等公司未成年用戶數量及收入貢獻佔比非常少。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.