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Launched on June 12th, KINGSOFT (03888.HK)'s JX Mobile III has become the most downloaded game on China's Apple App Store. However, Nomura reported that the initial feedback from gamers was not quite positive, while the title's review score dropped from 8 to 3.
One major complaint was server connectivity, where many gamers had difficulty connecting to game servers despite KINGSOFT's maintenance work in the afternoon. Still, the broker believed gamers will be very willing to play the title and thus maintained the game's grossing estimate at RMB500 million MoM.
Overall, KINGSOFT was retained at Neutral, with a target of $20.5.
AAStocks Financial News
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