PWI- Perfect World International

A U.S. investment bank, ThinEquity LLC, has recently issued an analysis report which suggests buying the stocks of PWI (Perfect World International). The analysts at ThinEquity are of the view that PWI’s newer products are smoothly running under the test and that the company has found a better time to launch the products. The analyst Atul Bagga who presented the report at ThinEquity has also mentioned that previous decline in the share price of PWI was because of several concerns over its on-the-progress products. He also mentioned that the decline in fact represents a better buying opportunity for the PWI shares.

PWI announced earlier that it would introduce three new games in the market this year and would develop another three products next year. While the analyst at ThinEquity is optimistic about the profitability of PWI, it also says that

buying C&C, the Japanese gaming operator, would bring revenue of about 15-20 million US Dollars annually.

PWI is a Chinese online game company which specializes in products like MMORPGs. PWI aims to design, develop, and launch games which have Chinese characteristics. PWI completed the initial public offering on NASDAQ in July 2007.

PWI made an exclusive agreement with Runic Games to publish an action RPG game, Torchlight, across the world.

PWI was founded in 2004 by the president of Human Software Corporation, Chi Yufeng. It’s mainly known as Beijing Perfect World Co. while its U.S. subsidiary is named Perfect World Entertainment.