On September 7, XD INC rose 10.81% in regular trading, trading at HK$44.52 per share, with turnover of approximately HK$106 million.

On the news front, China's game license approvals in August totaled 215 titles, reaching a new high for the year with a 24.28% year-over-year increase. Notably, XD INC's Cookie Run: Alliance successfully obtained an imported game license, providing a direct catalyst for the stock's surge.

Meanwhile, Guosen Securities maintained its Outperform rating on the company. XD INC reported H1 revenue of RMB 3.312 billion, up 7.5% year-over-year, with gaming revenue rising 11.9% to RMB 2.318 billion, primarily driven by the overseas launch of Heartbeat Town. Paid game revenue also grew 30.9%, boosted by the mobile version of Dave the Diver. The TapTap platform generated RMB 994 million in revenue, while R&D spending increased 16.5% to RMB 639 million, reflecting investments in AI-powered game creation tools. Jefferies maintains a Buy rating with a target price of HK$67.50, and the analyst consensus target stands at HK$76.35.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)