Market Overview: Chinese Assets Surge Amid Economic Optimism

In a robust start to the trading day on June 24, 2025, the 中证A500ETF (560510) saw a significant rise, climbing over 1% in the morning session. This surge is reflective of the broader appeal of Chinese assets, which continues to strengthen. The ETF’s half-day trading volume reached 1.17 billion yuan, with its benchmark index, the 中证A500指数 (000510), also experiencing a strong uptick of 1.17%. Notably, key component stocks such as 掌趣科技 (300315) and 寒武纪 (688256) saw increases of 6.62% and 6.49%, respectively.

This positive momentum is underpinned by recent adjustments in economic forecasts. Morgan Stanley has revised its growth expectations for China’s economy in 2025 upwards by 0.3 percentage points, with a further 0.2 percentage point increase anticipated for the following year. The firm attributes this optimism to a policy framework designed to support the economy, emphasizing technological innovation and a balanced economic approach.

Analysts from Bank of Heaven Securities suggest that despite external uncertainties, the domestic economy is poised to demonstrate resilience, supported by ongoing policy efforts. The equity market is expected to maintain a stable and improving trend, buoyed by the expansion of equity mutual funds, the influx of long-term capital, and supportive policy tools. Currently, A-share valuations are at a historical median, offering a relatively high investment value compared to mature overseas markets, particularly when considering risk premiums and dividend yields.

Looking ahead, the second half of 2025 is anticipated to see a bullish trend in the A-share market, driven by a weak dollar trend, supportive capital market policies, and an overall improvement in liquidity conditions. These factors, combined with better-than-expected global fundamentals, domestic incremental policies, and the growth of emerging industries, are expected to act as key catalysts for market growth.

Ourpalm Co Ltd: A Glimpse into the Entertainment Sector

OurPalm Co., Ltd., a prominent player in the communication services sector, specializes in the development, publishing, and operation of smart mobile and social web games. Additionally, the company manages TV, film, and music production, along with celebrity representation activities. Listed on the Shenzhen Stock Exchange since May 11, 2012, OurPalm has maintained a steady presence in the entertainment industry.

As of June 19, 2025, OurPalm’s stock closed at 5.48 CNY, with a 52-week high of 7.27 CNY and a low of 3.89 CNY. The company boasts a market capitalization of 12,675,982,166 CNY, though it trades at a high price-to-earnings ratio of 147.316, reflecting investor expectations of future growth.

Game Sector Gains Momentum

The gaming sector has been a focal point of recent market activity, with stocks like 电魂网络 (E-Heroes Network) hitting their daily price limits and 冰川网络 (Blizzard Entertainment) climbing over 15%. Other notable performers include 掌趣科技 (Joyy Inc.), 盛天网络 (Shengteng Network), and 巨人网络 (Giant Network), all of which have seen significant gains.

This surge in the gaming sector aligns with broader market trends, as investors continue to seek opportunities in high-growth industries. As the market navigates through external uncertainties, sectors like gaming, bolstered by technological advancements and consumer demand, are expected to play a pivotal role in driving market dynamics.

In summary, the Chinese market is poised for continued growth, supported by favorable economic policies and a robust investment landscape. Companies like OurPalm Co., Ltd. are well-positioned to capitalize on these trends, leveraging their expertise in the entertainment sector to drive future success.