Archosaur Games Renews Key Agreements with Tencent and Perfect World
Archosaur Games Inc. has renewed key agreements with Tencent and Perfect World, extending them for three years until December 2028. These agreements cover IP rights licensing, exclusive game publishing, and cloud services, essential for the company's operations. The transactions are subject to Hong Kong's Listing Rules. The latest analyst rating for Archosaur Games (HK:9990) is a Hold with a price target of HK$2.00. Archosaur Games focuses on game development and publishing, with a current market cap of HK$1.62B.
Archosaur Games Inc. ( (HK:9990) ) just unveiled an announcement.
Archosaur Games Inc. has announced the renewal and amendment of its existing agreements with Tencent and Perfect World, extending them for three years from January 2026 to December 2028. These agreements, which involve IP rights licensing, exclusive game publishing, and cloud services, are crucial for the company’s operations and market positioning. The transactions under these agreements are subject to various reporting and approval requirements under Hong Kong’s Listing Rules, highlighting their significance to the company’s strategic partnerships and financial planning.
The most recent analyst rating on (HK:9990) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Archosaur Games Inc. stock, see the HK:9990 Stock Forecast page.
More about Archosaur Games Inc.
Archosaur Games Inc. is a company incorporated in the Cayman Islands, operating in the gaming industry. It focuses on developing and publishing games, with significant partnerships involving IP rights licensing and exclusive game publishing and operation.
Average Trading Volume: 893,327
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.62B
Learn more about 9990 stock on TipRanks’ Stock Analysis page.
