XD INC (02400) saw its shares surge more than 8% during the trading session. At the time of writing, the stock was up 7.15%, trading at HK$88.75 with a turnover of HK$179 million.

On January 8, the international version of "Heartopia" was launched, securing the top spot on the free charts in over 50 countries and regions including the United States, Japan, and the United Kingdom. The game attracted over 5 million new users in its first week. Subsequently, on January 23, XD INC announced that downloads for the international version of the "Heartopia" mobile game had surpassed 10 million. Kaiyuan Securities released a research report stating that the continuously exceeding user expectations may lay the foundation for subsequent revenue growth that could also surpass forecasts. Furthermore, the concurrent user numbers on the Steam platform have been steadily increasing, potentially contributing to additional revenue streams.

Recently, Guojin Securities published a research report indicating that as of January 11, 2026 (Beijing Time), the international version of XD INC's (02400) self-developed and self-published life simulation game "Heartopia" ranked within the top 200 on the Apple Store free charts in over 100 countries/regions globally. The report forecasts net profit attributable to parent company shareholders for 2025/2026/2027 to be 1.704 billion/2.119 billion/2.553 billion yuan, respectively. The current stock price corresponds to a PE ratio of 20.16/16.21/13.45 times, leading the firm to maintain its "Buy" rating.