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Goldman Sachs is optimistic about the resilience of China's online gaming sector, upgrading XD Inc. to a Buy rating.
Goldman Sachs' report suggests that online gaming is the most resilient sector among China's entertainment and media verticals, with AI benefits primarily flowing to leading established publishers such as Tencent and NetEase. Goldman Sachs simultaneously upgraded XD Inc. to a Buy rating, believing its TapTap platform will benefit from a significant expansion in game supply and is poised to shift from an AI-affected party to an AI-beneficiary, especially in its unique value proposition for serving long-tail game developers.
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Source：华尔街见闻 · Source Link
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Next: Goldman Sachs maintains a cautious outlook on the prospects for China's long-form video and music streaming sectors, reiterating a Sell rating on Mango Excellent Media.
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