Understanding the Market | FEIYU rose over 10% in early trading, its subsidiary Xiamen FEIYU signed a game development agreement with Tencent Computer
FEIYU rose over 10% in early trading, and as of the time of writing, it has increased by 7.79%, trading at HKD 0.83, with a transaction volume of HKD 5.7027 million. In terms of news, FEIYU announced that on September 12, 2025, Xiamen FEIYU (a wholly-owned subsidiary of the company) entered into a game development agreement with Tencent Computer. According to this agreement, Xiamen FEIYU is commissioned by Tencent Computer to develop a mini-game based on the intellectual property rights owned by Tencent Computer. Tencent Computer will pay Xiamen FEIYU a production fee of RMB 12.5 million for the development of this mini-game. The announcement stated that the game development agreement aligns with the group's business strategy regarding mini-games and is part of it. Being commissioned by Tencent to develop this mini-game will allow the company to understand the standard development processes of technology giants like Tencent, thereby enhancing the technical capabilities and expertise of the team, as well as accumulating and strengthening experience in mini-game development. Additionally, since Tencent Group holds a strong position in the Chinese mini-game market, the board believes that developing this mini-game will help the company establish industry reputation and promote long-term cooperation with Tencent
According to Zhitong Finance APP, FEIYU Technology (01022) rose over 10% in early trading, and as of the time of writing, it has increased by 7.79%, trading at HKD 0.83, with a transaction volume of HKD 5.7027 million.
In terms of news, FEIYU Technology announced that on September 12, 2025, Xiamen FEIYU (a wholly-owned subsidiary of the company) signed a game development agreement with Tencent Computer. According to this agreement, Xiamen FEIYU is commissioned by Tencent Computer to develop a mini-game based on the intellectual property owned by Tencent Computer. Tencent Computer will pay Xiamen FEIYU a production fee of RMB 12.5 million for the development of this mini-game.
The announcement stated that the game development agreement aligns with the group's business strategy regarding mini-games and is part of it. Being commissioned by Tencent to develop this mini-game will allow the company to understand the standard development processes of technology giants like Tencent, thereby enhancing the team's technical capabilities and expertise, as well as accumulating and strengthening experience in mini-game development. Additionally, given Tencent Group's strong position in the Chinese mini-game market, the board believes that developing this mini-game will help the company establish industry reputation and promote long-term cooperation with Tencent
