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Tencent, NetEase Excluded From China’s List of Newly Approved Games
02:25 AM EDT, 07/13/2022 (MT Newswires) -- China on Tuesday approved its third batch of new games for 2022 as the country continues to ease restrictions on the gaming sector. However, Tencent Holdings
Shareholders in iDreamSky Technology Holdings (HKG:1119) have lost 33%, as stock drops 12% this past week
The simplest way to benefit from a rising market is to buy an index fund. But if you buy individual stocks, you can do both better or worse than that. Unfortunately the iDreamSky Technology Holdings
What Is The Ownership Structure Like For iDreamSky Technology Holdings Limited (HKG:1119)?
Every investor in iDreamSky Technology Holdings Limited (HKG:1119) should be aware of the most powerful shareholder groups. Institutions will often hold stock in bigger companies, and we expect to se
Capital Allocation Trends At iDreamSky Technology Holdings (HKG:1119) Aren't Ideal
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongs
Trade Alert: The Co-founder Of iDreamSky Technology Holdings Limited (HKG:1119), Xiangyu Chen, Has Just Spent CN¥2.8m Buying A Few More Shares
Potential iDreamSky Technology Holdings Limited (HKG:1119) shareholders may wish to note that the Co-founder, Xiangyu Chen, recently bought HK$2.8m worth of stock, paying HK$2.32 for each share. H
01119.HK spent HK $3.32 million to buy back 914000 shares on April 28th
01119.HK announced that on April 28, 2022, the company spent HK $3.32 million to buy back 914000 shares at a repurchase price of HK $3.6-3.68 per share.
Dream World (01119.HK) gets YONG RONG (HK) ASSET to increase its stake by 40 million shares
According to the latest equity disclosure information of the Stock Exchange, 01119.HK was awarded YONG RONG (HK) ASSET MANAGEMENT LIMITED on April 26, 2022 to increase its holdings of 40 million shares at an average price of HK $2.0954 per share, involving a capital of about HK $83.816 million, Gronhui APP was informed. After the increase, the latest number of shares held by YONG RONG (HK) ASSET MANAGEMENT LIMITED is 105564400 shares, with a shareholding ratio of 4.60.
IDreamSky Technology: Board Believes Value of Shares Traded On-Market Seriously Undervalued
IDreamSky Technology: Board Believes Value of Shares Traded On-Market Seriously Undervalued
IDreamSky Technology Plans to Repurchase Shares Worth Up to HK$200M From Open Market
IDreamSky Technology Plans to Repurchase Shares Worth Up to HK$200M From Open Market
01119.HK plans to buy back no more than HK $200 million at a repurchase price of no more than HK $5 per share
01119.HK announced that the board of directors intends to exercise the general authority granted to the board of directors to repurchase the company's shares at the annual general meeting of the company held on June 25, 2021, and to repurchase the shares on the floor in due course. The company plans to repurchase the shares at a price not higher than HK $5, with a total amount of no more than HK $200 million. The Board is of the view that the value of the shares traded on the floor is seriously undervalued and that the current trading price of the shares does not reflect the intrinsic value. The company's current financial and business conditions are good, and there are sufficient financial resources to enable the company to move forward.
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