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Bilibili Announces Primary Listing on HKSE

Bilibili, 10/02/22

Chinese bullet-screen video platform and video game operator Bilibili (Nasdaq: BILI; 9626.HK) announced that the company's voluntary conversion of its secondary listing status to primary listing on the Main Board of Hong Kong Stock Exchange became effective today. Read More

Game Live Streaming Platform Operators Huya, DouYu to Merge

Huya, 10/12/20

Chinese game live streaming platform operator HUYA Inc. (NYSE: HUYA) and Wuhan-based game-centric live streaming platform operator DouYu International Holdings Limited (Nasdaq: DOYU) today announced that they have entered into an Agreement and Plan of Merger, dated October 12, 2020 (the "Merger Agreement") with Tiger Company Ltd., a newly formed company with limited liability incorporated under the laws of the Cayman Islands and a direct wholly owned subsidiary of Huya ("Merger Sub"), and, solely for the limited purposes set forth therein, Nectarine Investment Limited ("Tencent"), a wholly owned subsidiary of Tencent Holdings Limited (0700.HK). Read More

China Issues New Regulations Limiting Online Gaming to Safeguard Children's Eyesight

MOE, 8/30/18

China's Ministry of Education and seven other government agencies recently released updated regulations aimed at preventing and controlling nearsightedness among children and young adults. Read More

China Issues Draft Regulations on Audio-Visual Programming for Minors

Sina Tech, 8/27/18

China's National Radio and Television Administration (NRTA) recently issued a notice seeking public opinion on a regulatory draft concerning audio-visual programming for minors. Read More

Taobao Launches Mobile Gaming Platform to Compete with WeChat Mini Games

36Kr.com, 8/06/18

Alibaba Group's (NYSE: BABA) C2C e-commerce site Taobao has now been operating a mobile mini games platform for approximately two months, according to online media outlet 36Kr.com, indicating that the platform is more than just a distribution channel for Alibaba Games' Chinese version of Japanese mobile casual game Travel Frog, but a mini games platform similar to WeChat's in-app games platform. Read More

Tencent to Kick Off OB of 'MapleStory 2' on July 12

Tencent Games, 6/28/18

Chinese online game developer and operator Tencent (0700.HK) has announced that it will kick off open beta testing of its free-to-play licensed 3D client-based combat MMORPG MapleStory 2 on July 12. Read More

Happigo Secures CSRC Approval to Acquire Five Hunan Broadcasting Businesses

Happigo, 6/22/18

TV and online shopping channel operator Happigo Home Shopping (300413.SZ), a subsidiary of Hunan Broadcasting System (HBS) company Mango Media, recently announced that the China Securities Regulatory Commission has approved its major asset restructuring and RMB 2 bln fundraising program, under which it will acquire five HBS subsidiaries including Kuaile Yangguang Interactive Entertainment Media (Mango TV), online and mobile game developer Mango Interactive Technology, TV production firm EE-Media, film studio Mango Studios, and entertainment content developer Mango Entertainment for a total of RMB 11.5 bln. Read More

Zhang Yimou's VR Entertainment Firm Sky Limit Secures RMB 9-digit Pre-A

DoNews, 6/21/18

Beijing-based entertainment company Danghong Qitian International Culture Development (Sky Limit Entertainment) recently announced completion of RMB 9-digit pre-Series A funding led by Shenzhen-based OCT Culture Group with participation by Mango Culture and Innovation Private Equity Fund. Read More

Century Huatong to Complete Acquisition of Shanda Games

Century Huatong, 6/12/18

Zhejiang-based online game operator and plastic parts and molds maker Century Huatong Group (002602.SZ) disclosed today the signing of a letter of intent with Shanghai Yaoquru Network Technology that will realize the long-awaited return to China's A-shares market of online game developer and operator Shanda Games. Read More

Semantic Interaction Solutions Provider Qiwu Completes RMB 50 Mln Series A

36Kr.com, 6/06/18

Shenzhen-based Renma Interactive Technology, operator of semantic interaction solutions brand Qiwu, recently announced completion of RMB 50 mln in Series A funding led by Shanghai-based Beiyue Industry with participation by an investment fund managed by Lihe Zaiwu Venture Capital (Leaguer VC), game developer Boyaa Interactive (0434.HK), Youmi Mobile Technology (834156.NEEQ), Zhongtong Capital, and individual investors Dai Zhikang and Xu Shandan. Read More