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SZSE to Implement Stricter Disclosure Policy on Mobile Gaming M&A
21st Century Business Herald, 11/14/13
The Shenzhen Stock Exchange (SZSE) has announced stricter information disclosure requirements for company mobile gaming assets. Read More
Morefun H1 2013 Profit Exceeds RMB 10 Mln
DoNew, 10/12/13
Shanghai-based mobile game developer Morefun Digital Technology has announced its H1 2013 financial results, with net revenue reaching RMB 40.32 mln. Read More
Rumor: China Unicom to Support In-Game Purchase Via Call Credit
China Securities Journal, 8/15/13
A representative from China Unicom (NYSE: CHU; 0762.HK; 600050.SH) has announced at the 2013 China Internet Conference, held in Beijing from August 13 to 15, that the company will launch a new service allowing users to purchase in-game virtual items with calling credit at the end of August. Read More
ZQGame to Acquire Two Mobile Gaming Companies
National Business Daily, 8/14/13
Shenzhen-based online game developer and operator ZQGame (Zhongqingbao Interaction Network) (300052.SZ) announced today that it plans to invest RMB 357 mln and RMB 87.46 mln to purchase 51% stakes in two separate mobile gaming firms, Shanghai-based mobile game developer Morefun Digital Technology and Shenzhen-based mobile gaming company Small Technology, respectively. Read More
ZQGame, Alipay Plan RMB 200 Mln Joint Promotion
CCID, 10/22/12
Shenzhen-based online game developer and operator ZQGame (Zhongqingbao Interaction Network) (300052.SZ) has partnered with Chinese third-party payment processor Alipay to provide RMB 200 mln in in-game rewards for players of ZQGame's licensed 2.5D MMORPG Bing Wang. Read More
China Mobile's Mobile Video Users Reach 50 Mln
iFeng Tech, 12/09/11
Wang Bin, general manager of China Mobile (NYSE: CHL; 0941.HK) mobile video service in Shanghai, has revealed it currently has 50 mln mobile video subscribers. Read More
Ex-Powerleader VP Joins Dragon Online
17173.com, 11/13/11
Yang Jiyun, former VP of Chinese online game developer and operator Powerleader Network (a.k.a ZQGame) (300052.SZ), has joined gaming firm Dragon Online as VP of operations and marketing. Read More
China Initiates Work on Online Gaming Real Name System
Jiefang Daily, 7/30/11
Eight Chinese government ministries and agencies recently released a joint "Memorandum Regarding the Initiation of Work on a Real-Name Verification System to Prevent Online Gaming Addiction." Read More
Powerleader Invests in 20 Game Development Teams
Tencent Tech, 7/27/11
Li Ruijie, president and CEO of Shenzhen-based online game developer and operator Powerleader Network (a.k.a ZQGame) (300052.SZ) said at the 9th annual China Digital Entertainment Expo and Conference (ChinaJoy) in Shanghai yesterday that Powerleader has approached more than 100 game development teams in an effort to increase its acquisitions this year, and already made investments in nearly 20 development teams. Read More
ZQGame Acquires Mobile, Browser Gaming Firms
DoNews, 3/19/11
Shenzhen-based online game developer and operator ZQGame (Zhongqingbao Interaction Network) (300052.SZ) has announced that its investment subsidiary, Zhongqing Jubao Information Technology, has completed two acquisitions, valued at RMB 39.13 mln, that bring the company's operations into both the mobile gaming and browser gaming markets. Read More
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