The Zhitong Finance App learned that Xindong (02400) rose more than 6%. As of press release, it had risen 6.21% to HK$46.16, with a turnover of HK$89.263 million.

According to the news, Xindong Company issued an announcement. On July 15, the company repurchased 180 million shares, with a repurchase amount of HK$7.7598 million. According to the data, since June 12, the company has carried out repurchases for 22 consecutive days, with a total repurchase of 3.7312 million shares, with a cumulative repurchase amount of HK$170 million. Since this year, the company has carried out a total of 95 repurchases, totaling 9.555,800 shares, with a cumulative repurchase amount of HK$569 million.

Western Securities pointed out that many categories of self-developed games continued to be realized, and Xindong successfully built “Heartbeat Town” and “Torchlight: Infinite”, two evergreen products with long-term potential; the TapTap platform boundaries continue to expand, not only distribution channels for mobile games, but more importantly, it has built a comprehensive ecological infrastructure for developers, forming a closed ecological loop. TapAdn+TapTap PC+TapTap Maker opens the platform ceiling and is optimistic about the company's scarce platform value and the evergreen potential of self-developed games.

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