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Archosaur Games to Renew Tencent Partnership

Story Highlights
  • Archosaur Games focuses on developing and publishing interactive entertainment products.
  • The company plans to renew its cooperation with Tencent to enhance operations and market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Archosaur Games to Renew Tencent Partnership

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The latest update is out from Archosaur Games Inc. ( (HK:9990) ).

Archosaur Games Inc. has announced an extraordinary general meeting to approve the renewal of its Tencent Game Cooperation Framework Agreement. This agreement, which includes IP rights licensing and exclusive publishing by Tencent, is set to enhance Archosaur’s operational capabilities and strengthen its market position over the next three years.

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., incorporated in the Cayman Islands, operates in the gaming industry, focusing on developing and publishing interactive entertainment products. The company is known for its collaborations with major technology firms and its emphasis on expanding its market presence through strategic partnerships.

Average Trading Volume: 662,117

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.43B

For a thorough assessment of 9990 stock, go to TipRanks’ Stock Analysis page.

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