SHE:002558

4 stories mentioning SHE:002558Updated 50d ago

Every FINWIRES story that references SHE:002558, newest first.

Market Chatter: Alibaba Looks to Sell Lingxi Games Arm

Alibaba (HKG:9988) is looking to sell its Lingxi Games division for 7 billion yuan to 9 billion yuan, The Standard and other mainland media reported Tuesday.China Ruyi (HKG:0136), 37 Interactive Entertainment Network Technology (SHE:002555), Zhejiang Century Huatong Group (SHE:002602), and Giant Network (SHE:002558) are among the buyers, the reports said.Alibaba, Ruyi, 37 Interactive, Century, and Giant Network did not immediately respond to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

HKG:0136HKG:9988SHE:002555SHE:002558SHE:002602

Asia66d ago

Giant Network to Invest 150 Million Yuan in Tech Fund; Shares Down 5%

Giant Network Group (SHE:002558) agreed to invest 150 million yuan into a technology partnership fund, according to a Saturday disclosure filed with the Shenzhen bourse.The Shanghai Yunfeng Yuanchuang Private Equity Fund Center (Limited Partnership) aims to raise a fund size of up to 3 billion yuan to invest in industries benefiting from or related to hard and emerging technologies.The game developer's shares dropped nearly 5% during Monday's afternoon trade.

SHE:002558

Asia107d ago

Giant Network Group's Attributable Profit Soars 211% in Q1

Giant Network Group's (SHE:002558) attributable profit surged 211% to 1.08 billion yuan in the first quarter from 347.9 million yuan in the year-ago period, according to a Tuesday filing with the Shenzhen bourse.Earnings per share at the online game developer tripled to 0.57 yuan from 0.19 yuan in the prior-year period.Operating revenue grew 222% year over year to 2.33 billion yuan from 723.8 million yuan.

SHE:002558

Asia108d ago

Giant Network Group 2025 Profit Up 23%, Revenue Jumps 73%

Giant Network Group (SHE:002558) posted 2025 attributable net profit of 1.75 billion yuan, up 23% from 1.42 billion yuan the previous year.Earnings per share climbed to 0.94 yuan from 0.78 yuan, according to a filing on the Shenzhen bourse.Operating revenue jumped 73% year over year to 5.05 billion yuan from 2.92 billion yuan.Shares of the game developer rose 2% in recent trade.

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