Press Release


CMGE Released Its Annual Performance Report: After Adjustments, Net Profit Turned from Loss to Profit, With Non-Recurring Operating Profit Reaching 107 million Yuan
Apr 08, 2024 11:00 JST
On March 27th, the Hong Kong-listed company CMGE (0302.HK) released its 2023 annual performance report.
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Newborn Town Announces 2023 Annual Results with a YoY Increase of Nearly 300% in Profit
Mar 22, 2024 16:00 JST
Newborn Town ("Newborn Town"; 9911. HK), one of the frontrunners of the global social networking and entertainment industry, announced its 2023 annual results on March 21st.
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Apps like Tinder are changing from dating tools to party places as more people enjoy the single life
Jan 22, 2023 03:00 JST
Dating apps like Tinder are actively incorporating interactive and immersive features to attract users to congregate. Beyond such conventional products, fashionable social apps launched by companies such as NewbornTown and Hyperconnect, offering various audio- and video-based features for online-party and friend-making, have become companions in users' leisure time.
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ShineGlobal Social Networking Market Report 2022: ByteDance, Match Group, Newborn Town & More Lead Industry Trends
Jan 17, 2023 15:50 JST
Social networking establishes the connection and interaction between people. Entering the Internet era, social networking products bring everyone closer to each other.
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Newborn Town releases its 2022 Interim Results; Breakthrough in core social networking business, accelerated diversified growth
Aug 30, 2022 11:00 JST
On August 25, Newborn Town Inc. (9911.HK) released its 2022 interim results. For the six months ended June 30 2022, the Company's total revenue reached RMB 1,374 million, up 32.3% YoY; adjusted EBITDA reached RMB 210 million, up 19.5% YoY; profit attributable to the owner of the Company reached RMB 83 million, up 121.3% YoY.
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Weimob (2013.HK) Smart Retail sends SaaS revenues soaring 90.9%
Mar 31, 2022 03:00 JST
Weimob Inc (2013.HK) released its 2021 financial report this week (3/28), showing that its adjusted total revenue in 2021 reached 2.686 billion yuan, a record high, and its performance increased by 36.4% against the background of overcoming unfavorable factors such as downward pressure on the macro economy.
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Global New Material, leading the new materials industry, answers in its interim report after 19-day price rally
Sep 28, 2021 11:00 JST
On July 20, 2021, Global New Material International Holdings Limited ("Global New Material") (6616.HK) which has developed pearlescent materials and synthetic mica as new materials in the consumer sector ushered in a strong momentum of stock price soaring with an intraday increase in stock price of 14.68% on the third trading day following its entry into the capital market.
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Following CMGE's Footprints through its 2021 Interim Financial Report
Sep 08, 2021 17:00 JST
CMGE released its interim financial report, for the First Half 2021, recording total revenue of RMB2.18 billion, gross profit of RMB840 million and adjusted net profit of RMB402 million, representing increases of 27.2%, 58% and 17.6% respectively, compared with the First Half 2020.
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Duiba's Surprising 1H2021 Turnaround Supporting Bank SaaS Operations
Sep 08, 2021 12:00 JST
On August 27, Duiba Group ("Duiba"), a big-name user management SaaS provider and interactive advertising platform operator, released its interim financial report for the first half of 2021.
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Why Newborn Town is the best performing Chinese Internet company this year
Aug 30, 2021 09:45 JST
Newborn Town Inc. (9911.HK) (Newborn Town) released a 2021 Interim Financial Report on August 25, showing its satisfactory business performance. In fact, Newborn Town has long been favored by the capital market, and experienced a big rise in its stock price of 15.8% on August 24.
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7.7% Below IPO Floor Price, Global New Material's Low Offer Price Reveals Its Ambition to be Global Leader
Jul 19, 2021 08:00 JST
Global New Material, a leading company in the global new consumable materials market, gave a "big gift" to its investors before the official listing.
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Global New Material (6616.HK): Dominating two new materials with a market share of RMB100 billion
Jul 08, 2021 21:00 JST
At present, under the influence of the new international situation, high-end new materials have become one of the key directions for overcoming market challenges, and are favoured by the national strategic development planning policies and investments from various sources.
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Global New Material (6616.HK) IPO: Leading Consumable Material Producer to Benefit with Listing
Jul 07, 2021 10:00 JST
Global New Material International Holdings Limited (referred to as "Global New Material"), as a global leader in the field of new consumable materials (pearlescent materials), currently is in the offering stage, and is only one step away from official listing on the secondary stock market in Hong Kong.
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Global New Material (6616.HK) to list on HKEx as New Material Market Shines
Jul 05, 2021 15:00 JST
As one of the seven strategic emerging industries in China and one of the ten key areas of development under the "Made in China 2025" policy, the new material industry is considered as the high-tech industry that has the greatest potential of development in the 21st century and will have significant impacts on future development.
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Central China New Life (9983.HK) Exploring Lower-Tier Markets
Jun 20, 2021 17:00 JST
Following the success of Pinduoduo, the market in lower-tier cities and counties can always tell a fascinating story in the capital market. In a competitive society where involution is becoming more and severe, exploring the market in lower-tier cities and counties, as a trend strategy originated in the e-commerce industry, also starts to prevail in other industries where people are seeking breakthroughs, such as the property management industry.
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iDreamSky Technology (1119.HK) Lifetime Value (LTV) seriously undervalued, upside 65%
Jun 08, 2021 21:00 JST
Anli released its first coverage research report, giving iDreamSky Technology (1119. HK) a 'buy" rating with a target price of HK $7 per share, up 63% from HK $4.3 per share on June 3.
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E-House's open strategy to acquire an 85% stake in Tmall Haofang
May 14, 2021 17:00 JST
On April 28, E-House China Enterprise Holdings Co., Ltd. (02048.HK) issued an announcement that E-House acquired 85% shares of Tmall Haofang held by Ali by issuing new shares to Ali.
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Interpreting the underlying logic of CMGE's adjusted net profit increase of 32.1%
Mar 30, 2021 21:00 JST
In the mobile Internet era, games have become another important place for online entertainment after reading, music, and video. Especially in the post-epidemic era, games have fully played their social attributes. The era of national games has come, in which the development of mobile game market is particularly outstanding.
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Can Newborn Town become the next tenfold gainer?
Mar 30, 2021 10:00 JST
What is the hottest in the Internet industry in 2021? There is no doubt that it is an open social platform. Elon Musk, the founder of Tesla, has made open audio social software Clubhouse popular all over the world.
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After Clubhouse, Roblox and Tiya, will audio platforms usher an iterative movement in China?
Mar 22, 2021 15:00 JST
With Musk's personal "endorsement", Clubhouse, the international voice chat social app became popular in China. A Clubhouse invitation code sells at nearly 1000 yuan on the domestic second-hand market platform.
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