BRIEF: CMGE raises $12 million in share placement

Game developer and publisher CMGE Technology Group Ltd. (0302.HK) announced it has agreed to place a total of 106 million new shares to three investors at a price of HK$0.90…
CMGE in new tie-up with Chaojing

CMGE turns its game to e-sports with new tie-up

The mid-sized gaming company announced a strategic alliance with e-sports specialist Guangzhou Chaojing Investment, though no financial terms were given Key Takeaways: CMGE said it has formed a partnership with…
Founded in 2009, CMGE is a global game operator that listed in Hong Kong in 2019.

FAST NEWS: CMGE’s loss narrows on cost controls

The latest: Game operator CMGE Technology Group Ltd. (0302.HK) reported Wednesday its net loss narrowed 90.2% last year to 20.08 million yuan ($2.78 million). Looking up: The company’s expenses decreased by 28% to…