CMGE Stock Forum

$CMGE (00302.HK)$ 👀 potential bo short bull ⛳️

$CMGE (00302.HK)$ had earlier clinched a strategic cooperation with Tencent Cloud. CMGE will deeply cooperate with Tencent Cloud in the arenas of technical services and publishing operation to further enhance the efficiency of game product R&D and operation.
Both parties also purportedly planned to explore technological and business innovations in areas such as AIGC, WeChat mini games, multi-cloud collaboration and game content operation.
$TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $China Concept Stocks (LIST2517.US)$ $Hang Seng TECH Index (800700.HK)$

$CMGE (00302.HK)$
CMGE Technology Group Co., Ltd. (hereinafter referred to as "CMGE") announced its 23H1 performance report on August 25th. The company achieved a total H1 revenue of RMB 1.535 billion (RMB, the same below), a year-on-year increase of 24.6%. The net profit attributable to the parent company was RMB 56.824 million, and after adjusting for net profit, it stood at RMB 76.168 million, successfully turning losses into gains. Throughout the period, multiple games ...

$BILIBILI-W (09626.HK)$ rose by more than 6%, $XD INC (02400.HK)$ rose more than 4%, $CMGE (00302.HK)$ rose 3.7%, and $NTES-S (09999.HK)$ rose 3.68%.
$TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $China Concept Stocks (LIST2517.US)$ $Hang Seng TECH Index (800700.HK)$

According to the intelligence data of the Sensor Tower Store, in September 2022, $Tencent (TCEHY.US)$'s Honor of the King won nearly $190 million in the global App Store and Google Play, and won the first place in the global mobile game bestseller list. The revenue from China's iOS market accounted for 94.5%, and the revenue from overseas markets accounted for 5.5%.
The mobile terminal of miHoYo Genshin Impact ra...

The decline of mobile game stocks widened in the afternoon. As for now, $TENCENT (00700.HK)$ fell 9.88% to HK $209; $NTES-S (09999.HK)$ fell 7.24% to HK $89.25; $CMGE (00302.HK)$ fell 7.81% to HK $1.18; $IGG (00799.HK)$ fell 6.49% to HK $2.12.
The Game Industry Report in the Third Quarter of 2022 shows that the actual sales revenue of China's game market in the third quarter was 59.703 billion ...

$CMGE (00302.HK)$
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