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…
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 ($2.78 million). Looking up: The company’s expenses decreased by 28% to…
FAST NEWS: CMGE returns to profits as game approvals resume
The latest: Game operator CMGE Technology Group Ltd. (0302.HK) said Thursday it expects to post a non-GAAP adjusted net profit of 65 million yuan (8.93$ million) or more for the first half of…
NetDragon hopes to deliver lesson in value with education spinoff
The company will make a backdoor listing for its international education business by injecting it into Gravitas Education in exchange for shares Key Takeaways: NetDragon will separately list its international…
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…
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