2021 saw the video game industry delivery unlikely hits, several using new concepts such as NFTs and metaverse tropes. Meanwhile, the latest versions of Call of Duty, Battlefield and eFootball (Pro Evolution Soccer) looked dated and underwhelmed the public. The PS5 kicks off a new era for console gaming but the timing of its release also coincides with a new era for the broader industry. This report discusses those changes and which companies look best placed to benefit.
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Kingsoft Cloud is a subsidiary of Hong Kong-listed Kingsoft (3888 HK), that is aiming to raise up to USD 500 million via a listing in the US. In this note, we take a look at the value chain of the cloud service industry in China. Cloud service is under-penetrated in China and there will be large room for growth, particularly for independent providers. We explain the various types of services in the downstream cloud computing segment. We note that Kingsoft is a leading independent cloud service...
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