Deutsche Bank downgraded Shanda game stock to hold

Beijing time September 10 Evening news, according to foreign media reports, Deutsche Bank in Friday, the Grand Game (Nasdaq:game) stock rating from "buy" downgraded to "hold", said its two flagship games of aging faster than expected. The two flagship products of the Grand game are "blood Legend 2" and "Legendary World", which have operated for 6 years and 9 years respectively.　　The two games revenue accounts for 75% of the company's total revenue. In Wednesday, Shanda Games released its second-quarter 2010 earnings, with net revenue down 4% and profits down 16%.　　Each share of the United States depository shares diluted earnings 16 cents, the chain fell 7%, down 19% year-on-year. Overall, China's online gaming stock index (Chinese online Gaming Stocks index) slipped 3% in the monthly period up to Thursday. Shanda played the worst, falling more than 20% per cent, while the dip fell nearly 10%. By contrast, nine cities and perfect space and time have risen. (Li Ming)