Ourpalm Co Ltd: Financial Overview and Market Activity

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, as well as celebrity representation activities. Based in Beijing, China, OurPalm is listed on the Shenzhen Stock Exchange, with its IPO having taken place on May 11, 2012. As of June 9, 2025, the company’s close price was 5.41 CNY, with a market capitalization of 12,675,982,166 CNY. The 52-week high and low prices were 7.27 CNY and 3.89 CNY, respectively, and the price-to-earnings ratio stood at 147.316.

Recent Market Movements

On June 12, 2025, the gaming sector experienced significant activity, with several companies witnessing substantial gains. Notably, OurPalm’s industry peers, including Giant Network, GigaBit, Xunyou Technology, Perfect World, Glacier Network, Kaidong Network, and Zangqiu Technology, saw their stocks rise, with Giant Network hitting a trading halt due to a surge in its stock price. This uptrend was attributed to increased investor interest in the mobile gaming segment, as reported by multiple financial news sources.

Financing Trends in the Market

In the broader market context, the financing landscape for companies listed on the ChiNext (China’s NASDAQ-style board) showed a positive trend, with financing balances increasing for six consecutive trading days as of June 10, 2025. The total financing balance reached 3,441.36 billion CNY, marking a cumulative increase of 57.84 billion CNY over this period. This trend reflects a growing confidence among investors and a robust appetite for financing within the sector.

Specific Company Highlights

Among the companies benefiting from this financing trend, Zangqiu Technology (300315) stood out by securing a significant financing buy-in of 9,900.61 million CNY on June 9, 2025. This amount represented 23.32% of the day’s total buy-in volume, highlighting the company’s strong market position and investor interest. The financing buy-in contributed to Zangqiu Technology’s current financing balance of 12.18 billion CNY, accounting for 8.74% of its circulating market value, surpassing the historical 60% quantile level.

Conclusion

The recent developments in the gaming and broader communication services sector underscore the dynamic nature of the market and the potential for growth within the industry. Companies like OurPalm Co., Ltd., along with their peers, continue to navigate the evolving landscape, capitalizing on opportunities for expansion and innovation. As the sector moves forward, investor interest and financing trends will play crucial roles in shaping the future trajectory of these companies.