MainFirst China online games recommended to buy Shanda games and other shares

US Eastern Time October 29 10:33 (Beijing time October 29 22:33), the German securities company MainFirst Nomura Hong Kong (hereinafter referred to as MainFirst) released a study report in Thursday, The status of China's online gaming industry in the third quarter of 2009 was reviewed.　　MainFirst recommend investors buy Grand Games (Nasdaq:game), perfect Space-Time (NASDAQ:PWRD), Jinshan and Shanda Network (Nasdaq:snda). MainFirst says China's online gaming market is slowing. MainFirst in the January 8, 2009 report that the Chinese online games industry free game transformation will advance to the present, the free game is nearing the end.　　MainFirst said that the Giants network (NASDAQ:GA) and the Tour (Nasdaq:cyou) in the third quarter of 2009 earnings and performance expectations to verify this view. However, MainFirst is not bearish online. MainFirst that in 2010, China's economy can rebound again, the Chinese online gaming industry is expected to increase in 2008 after 43%, 2009 growth or will slow to 40% (if not including Tencent is 28%), 2010 growth rate or will rebound to 48% (　　44% if Tencent is not included.　　MainFirst that the Chinese government's intervention will not be a long-term factor, and that the new regulator is unlikely to tighten regulation significantly over the next 12 months. MainFirst that the three growth paths in China's online gaming industry will not change, that is, empowering games, developing new games, and increasing current games. But the way to add value is still to make the licensing game more successful, to develop new games faster and better, to prolong the lifespan of a game and to improve profitability.　　These three aspects of the ability to determine whether a game company is leading or lagging behind similar companies. Shanda Network "18 plan" is recommended to buy Shanda network and the reason for the grand game.　　We recommend buying perfect time and space and Jinshan, because the perfect space and time and Jinshan in the 3D game development path to occupy the advantage. MainFirst believes that Shanda games have the best risk return, but perfect time and space has the best growth prospects, Jinshan is still in the growth period. (Yi Fei)