Future assets awarded the perfect World hold rating target price 14 dollars

Sina Science and technology news Beijing time of November 21, the future assets released today Investment Report, the perfect World (NASDAQ:PWRD) stock rating to "hold", the target share price from 18 U.S. dollars to 14 U.S. dollars. The following is a summary of the report: We expect the perfect world fiscal year 2011 in the third quarter to grow 9% year-on-year, but the chain will decline 8%, the company's expected low.　　Game revenue will grow 24% year-on-year, the chain will fall 8%. The third quarter of the perfect world volume of the overall downturn, although domestic users have increased, but the number of Internet café users have declined.　　"The first article" (ZX prequel) after the release of the stimulation of the Internet café traffic, but two weeks after the decline.　　We expect the perfect world to launch its long delayed flagship game "Lsol" in the third quarter of 2012.　　Stock Rating: We downgraded the perfect world share rating to "hold", lowering the target share price from 18 US dollars to $14. Conference Call: The perfect world will be in the eastern Time November 21 (Hong Kong time November 22 9:00) released the third quarter of fiscal year 2011, followed by a conference call to listen to the telephone number of the conference call is as follows: United States: +1-866-519-4004 China Hong Kong: + 800-930-346 UK: +44-0808-234-6646 password: pwrd (Li Ming)