www.ubs.com/investmentresearchThisreporthasbeenpreparedbyUBSSecuritiesAsiaLimited.ANALYSTCERTIFICATIONANDREQUIREDDISCLOSURESBEGINONPAGE29.UBSdoesandseekstodobusinesswithcompaniescoveredinitsresearchreports.Asaresult,investorsshouldbeawarethatthefirmmayhaveaconflictofinterestthatcouldaffecttheobjectivityofthisreport.Investorsshouldconsiderthisreportasonlyasinglefactorinmakingtheirinvestmentdecision.??GlobalResearch31January2018UBSEvidenceLab:ChinaInternetSectorContinuedinitiativestoexpandmobilegames’TAMUBSEvidenceLabdataanchorpositiveviewonChinamobilegames’growthWhilethemarketremainsconcernedaboutaslowdowningamerexpansionandmonetisationofChinasmobilegamessector,UBSEvidenceLabdata(trackingmorethan100mobilegamesinChina)paintanupbeatpictureandfurtheranchorourpositiveview.1)Mobilerole-playinggames(RPGs)maintainmomentumwith