The share prices of Hong Kong stock game companies have generally fallen recently.

In the first week of listing, the market value of Nine Digital Interactive Entertainment (01961.HK), the “first share of mobile games in 2020,” evaporated by 256 million Hong Kong dollars, making it the company with the most shrinking market value among Hong Kong-based gaming companies of the same size in the past month.

This means that within six trading days since the listing on March 17, Nine Digital Entertainment has evaporated an average of about 42.66 million Hong Kong dollars per day.

As of the close of the Hong Kong stock market on March 24, the share price of Nine Digital Entertainment has dropped from the closing price of HK $ 1.4 on the first day of listing to HK $ 0.98 , with a current market value of HK $ 535 million.

Frontline | The first week of listing is not a good start? The average market value of Nine Digital Interactive Entertainment is about 42.66 million Hong Kong dollars per day.

Jiuzun Digital Mutual Entertainment’s stock price change chart in the past month; source: Oriental Fortune

In fact, in terms of the broader market, the performance of Hong Kong stock game companies including Tencent has not been satisfactory in the past month. The market value of Tencent Holdings (00700. HK) decreased by HK $ 240.759 billion to HK $ 34,887.32 billion, and the market value of Kingsoft (03888. HK) decreased by HK $ 6.665 billion to HK $ 30.2 billion. Excluding these two head game manufacturers, they sorted out the mid-waist and tail game companies in the Hong Kong stock market.

Frontline | The first week of listing is not a good start? The market value of Nine Digital Entertainment has averaged about 42.66 million Hong Kong dollars per day.

Data source: public information; cartography:

Frontline | The first week of listing is not a good start? The market value of Nine Digital Entertainment has averaged about 42.66 million Hong Kong dollars per day.

Data source:Public information; cartography:

It is worth noting that despite the general decline in gaming stocks, the biggest loss is the tail company with a market value of less than 1 billion Hong Kong dollars. The nine digital entertainment companies in this array fell as much as 32.35%.

Frontline | The first week of listing is not a good start? The market value of Nine Digital Interactive Entertainment has evaporated on average about 42.66 million Hong Kong dollars per day

Data source: public information; tabulation:

Frontline | The first week of listing is not a good start? The market value of Nine Digital Entertainment has averaged about 42.66 million Hong Kong dollars per day.

Data source: public information; tabulation:

Note: In the statistical time, except for Nine Digital Interactive Entertainment, which is March 17-March 24, Fire Rock Holdings is February 26-March 24, and Flying Fish Technology is February 25-3 On the 24th, the statistics of other companies are from February 24th to March 24th. The other six companies, namely Yuet Yuet, Lianzhong, Feiyu Technology, Langang Interactive, Mobile Internet (China), and Zhiao Holdings, are temporarily suspended.

(The cover image is from Pexels)