StarEsports Group issued 2.25 million ADS, raising a total of $20.25 million in its IPO. On the first day of trading, StarEsports' stock price surged 47% at the open but fluctuated, eventually returning to near its offering price by midday and closing with a slight gain. $TENCENT(00700.HK)$$TME-SW(01698.HK)$$NTES-S(09999.HK)$$BILIBILI-W(09626.HK)$
They expect the mobile game "Naraka: Bladepoint" to drive accelerated growth in online gaming revenue starting from the third quarter and lead to a reevaluation of the stock price. The target price for NetEase's H-shares is set at HK$ 200. $NTES-S(09999.HK)$$NetEase(NTES.US)$
TENCENT's mobile game "Dream Star" recovered to more than 12 million daily active users (DAUs) recently, after previously dropping to less than 10 million. At its peak during the Spring Festival, "Dream Star" surpassed NTES's "Egg Party" with over 50 million DAUs. The development cost for "Dream Star" is estimated to be RMB800 million - RMB1 billion, with a team size of about 200-300 people, including members transferred from oth...
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$TENCENT(00700.HK)$ $TME-SW(01698.HK)$ $NTES-S(09999.HK)$ $BILIBILI-W(09626.HK)$
$EAST BUY(01797.HK)$ shares opened cratering 15% at $10.54 after Dong Yuhui quit the company and the company announced its intention to buy back up to RMB500 million ...
$NTES-S(09999.HK)$ $NetEase(NTES.US)$
$TENCENT(00700.HK)$ $Tencent(TCEHY.US)$ $NetEase(NTES.US)$ $NTES-S(09999.HK)$ $FEIYU(01022.HK)$ $BILIBILI-W(09626.HK)$
For techs, $BABA-SW(09988.HK)$ , $TENCENT(00700.HK)$ and $XIAOMI-W(01810.HK)$ slid 0.1%, while $JD-SW(09618.HK)$ dropped 0.3%. $NTES-S(09999.HK)$ picked up 2.1%, while chip ...
$TENCENT(00700.HK)$ $Tencent(TCEHY.US)$ $NetEase(NTES.US)$ $NTES-S(09999.HK)$
The development cost for "Dream Star" is estimated to be RMB800 million - RMB1 billion, with a team size of about 200-300 people, including members transferred from oth...
Technology stocks declined at open along with the external market. $BABA-SW(09988.HK)$ and $TENCENT(00700.HK)$ dropped 1% at open, while $MEITUAN-W(03690.HK)$ , $JD-SW(09618.HK)$ a...
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