An announcement from BAIOO Family Interactive ( (HK:2100) ) is now available.
BAIOO Family Interactive announced the renewal of its continuing connected transactions with Tencent Group, particularly concerning the mobile game platform and payment services. The renewed agreements, including the ‘Legend of Aoqi Mobile Cooperation Agreement,’ aim to ensure ongoing collaboration and revenue sharing between the entities. Tencent holds an indirect interest in BAIOO, making these transactions significant under Hong Kong’s Listing Rules, though they remain exempt from certain shareholder approval requirements.
More about BAIOO Family Interactive
BAIOO Family Interactive is a company in the digital entertainment industry, primarily focused on mobile gaming platforms and related services. It has a significant market presence through partnerships with major players like Tencent Group, offering popular games such as ‘Legend of Aoqi Mobile.’
YTD Price Performance: -3.14%
Average Trading Volume: 929,531
Technical Sentiment Consensus Rating: Hold
Current Market Cap: HK$682.9M
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