According to Goldman Sachs's prediction, the gaming industry environment has changed, which is not favorable for Netease. However, they are bullish on Tencent.
As industry regulatory focus shifts, Tencent, as "China's largest small game platform", may usher in a spring. Coupled with the initial results of Tencent's overseas investments, its international gaming business is showing strong momentum.
WisePort Hong Kong disclosed shareholders' equity on June 14th.
Hong Kong stock shareholder equity disclosure | June 14th
cmge (00302) has reached a strategic cooperation agreement with Hesheng Commercial.
According to the news from CMGE (00302), CMGE and Hopson Commercial under Hopson Dev Hold have officially reached a global strategic cooperation. The two parties will cooperate on the promotion of game offline operation, game IP commercialization and other aspects.
Zheshang Securities: Market size is increasing instead of decreasing. The current gaming sector is in a good position for investment opportunities on the left-hand side.
The gaming sector is currently in a good position for investment opportunities on the left side. At the same time, considering the important catalyst in June, we are focusing on the gaming sector.
[Special V] Deng Shengxing: Hong Kong stock trends may change, cautious investors choose defensive stocks
Jinwu Financial News | The Hang Seng Index closed at 18230 on Thursday (30th), down 246 points, or 1.3%. The daily turnover was 125.503 billion yuan; the National Index reported 6462, down 94 points, or 1.4%. The Science Index reported 3752, down 12 points, or 0.3%. Chip stocks bucked the market. SMIC (00981) rose 4.9%, the second-best performing blue chip; Shanghai Fudan (01385) rose 4%; Huahong Semiconductor (01347) jumped 4%; Jingmen (02878) jumped 18%; and Hongguang Semiconductor (06908) surged 32.5%. Shunyu Optics (02382) Clean
Raise your cards! Before the fixed increase transaction was completed, Zhu Yihang bought the mobile game (00302) to 5.25% in the secondary market
In the mobile game (00302), Zhu Yihang is frantically buying in the secondary market! The Zhitong Finance App learned that according to Easy Disclosure, Zhu Yihang increased his holdings of China Mobile Games by 24.326 million shares on May 29, at a price of HK$1,5027, with a total amount of HK$36.5547 million. The number of shares held increased to about 145 million shares, and the shareholding ratio increased to 5.25%, crossing the 5% listing line. In fact, on the same day, China Mobile Gaming's announcement revealed that Zhu Yihang's shareholding had exceeded the licensing line, but there were no specific purchase details. According to the latest announcement from China Mobile Games, Yuanfu Investment is wholly-owned by Zhu Yihang
CMGE Technology to Place 100 Million Shares to Farrich Investments
CMGE Technology Group (HKG:0302) will issue 100 million shares to investment company Farrich Investments at HK$1.68 apiece, according to a Wednesday filing with the Hong Kong Stock Exchange. The share
Hong Kong Stock Announcement Nuggets | E-sports mogul Zhu Yihang subscribes for a premium of about 12.8%, and Alibaba Pictures's annual results turn losses into profits
Zhu Yihang subscribed for 100 million shares of China Mobile Games at a premium of HK$1.68 per share of approximately 12.8%
China Mobile Games (00302.HK) plans to allocate 100 million shares at a premium of about 12.8% to raise HK$167 million
Gelonghui, May 29丨China Mobile Game (00302.HK) announced that on May 29, 2024, the company and the subscriber entered into a subscription agreement. According to this, the subscriber conditionally agreed to subscribe and the company conditionally agreed to allocate and issue a total of 100 million subscription shares. The subscription price was HK$1.68 per subscribed share. The subscription price was HK$1.68 per subscription share, a premium of about 12.8% over the closing price of HK$1.49 per share as reported by the Stock Exchange on the trading day of the subscription agreement (May 29); the subscribed shares accounted for the total number of issued shares expanded immediately after completion (2,852,672,
Zhu Yihang subscribed for 100 million shares of China Mobile Games (00302) at a premium of 1.68 yuan per share of about 12.8%
According to Zhitong Finance App, China Mobile Game (00302) announced that on May 29, 2024, the company signed a subscription agreement with the subscriber Yuanfu Investment. The subscriber conditionally agreed to subscribe and the company conditionally agreed to allocate and issue a total of 100 million subscribed shares. The subscription price was HK$1.68 per subscribed share. Subscription shares account for about 3.51% of the expanded issued share capital. The subscription price of HK$1.68 per share is a premium of about 12.8% over the closing price of HK$1.49 per share on May 29. The total and net proceeds from the subscription agreement are estimated to be approximately HK$168 million and HK$167 million respectively. According to
Duoniu Technology (01961.HK) will be the exclusive overseas agent for heavyweight IP games under China Mobile Games
Gelonghui, May 29丨Duoniu Technology (01961.HK) announced that in the first half of 2024, the Group signed a game licensing cooperation agreement with China Mobile Games and Entertainment Group (HK) Limited, a subsidiary of China Mobile Games Technology Group Co., Ltd. (“China Mobile Games”). According to the agreement, the Group will acquire the blockbuster IP card fighting game “SNK: All-Star Brawl” (Chinese regional name “All-Star Brawl”) from China Mobile Games in 47 countries in Europe, America, and Japan
Changes in Hong Kong stocks | China Mobile Games (00302) has risen more than 4%, and many of its major new games have recently launched or started testing, and the company and Super Racing Group have deepened cooperation
The Zhitong Finance App learned that China Mobile Games (00302) rose by more than 4%. As of press release, it had risen 4% to HK$1.56, with a turnover of HK$43.8483 million. According to the news, a number of major new games under China Mobile Games will be launched or tested in the near future. “World of Fairy Sword” will enter the third test on May 31; “Battle for the Pinnacle” will debut on all platforms on June 7. Furthermore, in December 2023, “Legend of Sword and Fairy”, developed by China Mobile Games, was launched in Hong Kong, Macao, and Taiwan. Relevant media speculate that the overseas revenue for Q1 this year could reach 20.46 million US dollars. It is worth noting
Trending Industry Today: CMGE Leads Losses In Bytedance Concept Stocks
May 28th - The industry of $Bytedance Concept Stocks(LIST1266.HK)$ is trending lower today with 2 constituents down and CMGE leading Losses.$CMGE(00302.HK)$ dips 5.33% to HK$1.42 with a turnover of HK
CMGE Technology Group (HKG:302) Will Be Hoping To Turn Its Returns On Capital Around
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly,
Changes in Hong Kong stocks | China Mobile Games (00302)'s volume increased by more than 20%, and its new game will go online soon. The company previously reached a strategic cooperation with Chaogeng Group
Mobile games (00302) opened high in early trading, and intraday volume increased by more than 20%. As of press release, it rose 18.7% to HK$1.46, with a turnover of HK$90,384,600.
Omdia: Global gaming revenue is expected to resume growth starting next year, and the market size will reach US$304 billion in 2028
Omdia expects global game revenue to resume growth from 2025, thanks to the revival of a series of blockbusters (including “GTA VI”), Nintendo's start of a new console cycle, and continued strong growth in in-game advertising.
China Galaxy Securities: The return to normalization of game versions continues to be verified, and the industry as a whole ushered in an upward cycle
As the normalization of versions continues to be verified, new products are launched one after another. Currently, the supply side of the game industry is stabilizing, and the industry as a whole has ushered in an upward cycle.
Trending Industry Today: XD INC Leads Gains In Bytedance Concept Stocks
May 20th - The industry of $Bytedance Concept Stocks(LIST1266.HK)$ is trending higher today with 1 constituents up and XD INC leading Gains.$XD INC(02400.HK)$ climbs 8.58% to HK$20.5 with a turnover o
Sensor Tower: In April, 39 Chinese mobile game makers attracted US$2.07 billion, accounting for 40.2% of the world's TOP100 mobile game publisher revenue
It accounts for 40.2% of the revenue of the world's TOP100 mobile game publishers in this issue.
Hong Kong Stock Concept Tracking | Dozens of new games are about to be released, and the boom in the game sector continues to pick up, focus on high-quality leading companies (with concept stocks)
Yesterday, A-shares, Hong Kong stocks, and the US gaming sector surged. Among them, Tom Cat (300459.SZ) rose 20%, Zhongqingbao (300052.SZ) rose 14%, Bilibili-W (09626) rose more than 4%, and stocks such as NetEase (09999) and Tencent Holdings (00700) followed suit.
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