Qingci Games Inc. (sometimes referred to as QCPlay Limited, or Xiamen Celadon Digital Technology Co, Ltd for its non-romanticized name) is a mobile video game maker from Xiamen in China. Qingci is trading on the Hong Kong exchange under 6633.HK.

Rationale for Investing (summary)

• Three positive catalysts happened in H2 2023, with the successful worldwide expansion of SuperSnail, combined two new successful card collection games, one male and one female oriented

• With a strong balance sheet and cash chest worth half of its market cap, and revenue about to blow up, we believe Qingci has the potential for a swing trade and is one of our favorite pick going into 2024

All our research articles on Qingci here. We bought on 19th December at an average of HKD$ 4.10, and our initiation article was released on 8th of January.