August 24 News, Monday Chinese online games concept stocks generally fell, perfect time and space and nine cities against the city rose. Among them, perfect time and space Rose 6.92%, closed to 26.72 dollars. Since August 17, its share price has risen by more than 10% per cent, accelerating today. As of Monday, the Nasdaq Composite index fell 20.13 points, closing at 2159.63, or 0.92%. 6 Chinese Games concept stocks are mixed, of which, perfect time and space Rose 6.92%, the Nineth city Rose 1%, the grand game fell 4.42%, NetEase fell 1.74%, Sohu swim down 1.43%, giant network down 1.74%. Perfect time since August 17 reported earnings, share prices continued to rise, the cumulative increase of more than 10%. Earlier, the shares fell nearly 8% per cent on the day as net profit rose 35% in the first quarter. It is worth mentioning that for the perfect time and space of the stock price rating, there is a big difference between investment institutions. On the one hand, HSBC slashed its target prices from $46 to $29. The Auriga Research report says the gross margin of perfect space-time will continue to be under pressure in the near future, and it will take longer for the company to resume growth. On the other hand, Morgan Stanley's investment report says it maintains a "overweight" stock rating and an "attractive" Industry Outlook rating for the perfect time. It is understood that the perfect time and space in the international market invested a lot of capital, but also in the Non-core game areas of investment, such as literature, television and film industry. It is also an active acquisition of small companies or teams, but it remains to be known whether the benefits of these investments will make up for other significant costs. Perfect space-time is now operating in a high-cost mode, analysts say, but there is no guarantee that there will be enough revenue increases. This will no doubt limit the company's share price unless there is a clear message that the high investment has been rewarded.
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