Despite improvement, shrinking SJM runs low on luck
The former casino powerhouse’s revenue rose 73% in the first quarter, but it continued to lose money as it lagged many of its peers Key Takeaways: SJM Holdings lost HK$74…
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…
TVB tunes into new era of profits, ending six-year losing streak
Hong Kong’s leading broadcaster said it expects to return to profitability in the second half of this year with the success of its “Queen of News” drama series Key Takeaways:…
Fosun Tourism’s post-Covid holiday fizzles
The resort unit of one of China’s leading conglomerates posted modest growth in the first quarter, as its broader outlook was clouded by debt issues at its parent Key Takeaways:…
Ximalaya aims high in third listing attempt
China’s leading podcast platform could become one of Hong Kong’s hottest tech offerings in recent years, boasting a huge base of loyal users and a recent move to profitability Key…
‘Warcraft’ return to NetEase signals extension of China’s gaming relaxation
A new deal to bring popular ‘World of Warcraft’ games back to China after a one-year absence will have relatively little financial impact on the game’s local host Key Takeaways:…
‘Sing! China’ flames out, leaving STAR CM in the dark
The popular talent reality show was temporarily suspended, and its creator’s revenue plunged, after a famous singer criticized it in a video last year Key Takeaways: STAR CM fell into…
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