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SHE:300418

4 stories mentioning SHE:300418Updated just now

Every FINWIRES story that references SHE:300418, newest first.

Asia

Kunlun Tech Divests Gaming Subsidiary for 750 Million Yuan to Focus on AI

Kunlun Tech (SHE:300418) agreed to sell its 99% stake in Xianlai Interactive Entertainment to Xinglan Interactive Entertainment for 750 million yuan.The company said the divestiture will sharpen strategic focus and optimize resources for artificial inrelligence-driven growth, according to a Tuesday filing with the Shenzhen bourse.Xianlai Interactive Entertainment is a casual chess and card game developer founded in 2016.The buyer is wholly owned by Xiong Liang, who holds the remaining 1% stake.

SHE:300418
Asia

Kunlun Tech Plans Hong Kong Secondary Share Offering

Kunlun Tech (SHE:300418) plans to launch a secondary offering of shares on the Hong Kong Stock Exchange, according to a Tuesday filing with the Shenzhen bourse.The proposal is still subject to shareholder and regulatory approval in both mainland China and Hong Kong, the fabless semiconductor company said in its filing.

SHE:300418
Asia

Kunlun Tech's Loss Widens in Q1

Kunlun Tech's (SHE:300418) net loss attributable to shareholders in the first quarter widened year on year to almost 887 million yuan, or 0.71 yuan per share, according to a Shenzhen bourse filing on Wednesday.The attributable loss a year earlier was 769 million yuan, or 0.62 yuan per share.Operating revenue jumped 46% to 2.57 billion yuan from 1.76 billion yuan in the prior year.The fabless semiconductor company's shares rose 1% at the close.

SHE:300418
Asia

Kunlun Tech Books Flat Net Loss, Revenue Jumps 45%; Shares Down 3%

Kunlun Tech (SHE:300418) booked 1.59 billion yuan in attributable net loss in 2025, virtually unchanged from a year earlier, according to a filing with the Shenzhen Stock Exchange on Friday.Loss per share narrowed slightly to 1.28 yuan from 1.30 yuan.Revenue, however, jumped 45% to 8.2 billion yuan from 5.66 billion yuan, which the company attributed to its overseas expansion, among other factors.In the fourth quarter of 2025 alone, the internet platform's net loss totaled 927.4 million yuan, while revenue reached 2.39 billion yuan. Kunlun did not provide year-ago figures.Shares of the company fell 3% in recent trade.

SHE:300418

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