FAST NEWS: IGG’s shares surge on return to profits
The latest: Mobile game publisher IGG Inc. (0799.HK) forecast on Friday that it will report a net profit of about HK$70 million ($8.97 million) for 2023, reversing a loss of HK$500 million…
FAST NEWS: Games could power Newborn Town as core social revenue sags
The latest: Social networking platform Newborn Town Inc. (9911.HK) on Friday reported that revenue from its core social networking business totaled between 1.23 billion yuan ($170 million) and 1.26 billion yuan in…
FAST NEWS: Newborn Town’s revenue dips in first quarter
The latest: Social networking platform operator Newborn Town Inc. (9911.HK) reported Thursday that revenue from its social networking business totaled between 580 million yuan ($84 million) and 600 million yuan…
Even after Bilibili Tie-Up, Investors Find Little Fun in Game Developer CMGE
Despite strong pipeline for 2021, company that also counts Tencent as major backer is significantly undervalued Key Points: CMGE shares post strong gains in run-up to Bilibili tie-up, only to…