CMGE Technology Group Ltd
00302: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| HKD 1.50 | Vxrg | Clgtswl |
CMGE Is Going All In on Legend of Sword and Fairy: World
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Business Strategy and Outlook
CMGE is one of the earliest Chinese game companies focusing on intellectual property, being the first to bring Disney and Toei IPs into China. As of the end of 2022, CMGE holds a large number of intellectual property, or IP, on mobile games. We think that games with well-known IPs should attract some players, at least at the initial launch, because these titles already have their own loyal fan following whether they are based on films, TVs, or novels.