Movement Alert|XD INC Rises 6.4% in Regular Trading, Receives First Coverage with Overweight Rating from Guotai Junan International

Market Focus
Sep 22

On September 22, XD INC rose 6.4% in regular trading, trading at HK$41.82 per share, with turnover of approximately HK$22.61 million.

On the news front, Guotai Junan International recently initiated coverage on XD INC with an Overweight rating, highlighting the scarcity value of its TapTap platform. The brokerage noted that TapTap Maker is expected to unlock mass game creation capabilities, driving a supply-side explosion in the gaming industry and expanding the platform's content ecosystem, which would in turn benefit XD INC's TapTap platform business growth.

According to the company's interim results, XD INC achieved revenue of RMB 3.312 billion in the first half of the year, representing a 7.5% year-over-year increase. Notably, over 6,000 games have been developed using the TapTap Maker AI agent and published on the TapTap platform, demonstrating continued progress in its AI gaming ecosystem strategy. Earlier in September, the stock also surged over 13% following OpenAI's GPT-6 launch, as analysts pointed to strong performance in game development verticals and TapTap Maker's multi-model integration capabilities.

(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.)

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