Shanda Game shares rally 12% brokers reaffirm buying ratings

Source: Internet
Author: User
Keywords Grand Games
Tags .net class company development development prospects game game will games
June 3 News, the U.S. stock market today, the three major stock indexes rose in Wednesday, the grand game led China concept stocks, up 12.1%.  The Shanda Game yesterday (June 2) released its first quarterly results in 2010, with net revenue rising 10% per cent year-on-year.  After the release of the report, the U.S. securities brokerage Auriga on the performance report of the Grand Game commented on the future development prospects, and its rating as "Buy" class.  Auriga said the Grand game will launch a variety of new games in the second half of this year, which will become a catalyst for the company's share price.  Auriga further points out that Shanda is currently planning to launch more than 20 games, including 8 new games that are highlighted and advertised in the Allstar Project, which will be vigorously promoted and at least 2 to 3 games will be quite successful.  Previously, Shanda Games chairman and CEO Tan in the earnings meeting said: The second half of this year, the Grand game will be launched "Dragon Valley", "Magic World II" and "star Change" and other high-quality games, to ensure long-term development of the future of a solid cornerstone of the long-term development of the grand game is full of confidence. Analysts pointed out that the development of the Grand Game decade, the accumulation of the industry's richest and excellent product lines, a strong user base, as well as a thriving global platform, I believe that the future growth will bring more good expectations.
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