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Feiyu Technology Partners with Tencent for New Game Development

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Feiyu Technology Partners with Tencent for New Game Development

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An update from Feiyu Technology International Company Ltd. ( (HK:1022) ) is now available.

Feiyu Technology International Company Ltd. announced a connected transaction involving its subsidiary, Xiamen Feiyu, entering into a Game Development Agreement with Tencent Computer. Under this agreement, Xiamen Feiyu will develop a Mini Game based on Tencent’s online game IP. The transaction is subject to certain reporting and review requirements but does not require independent shareholder approval due to the percentage ratios involved.

The most recent analyst rating on (HK:1022) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Feiyu Technology International Company Ltd. stock, see the HK:1022 Stock Forecast page.

More about Feiyu Technology International Company Ltd.

Feiyu Technology International Company Ltd. operates in the technology industry, focusing on game development and related services. The company engages in creating digital entertainment products, with a market focus on collaborations with major tech companies.

Average Trading Volume: 5,763,317

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.29B

Find detailed analytics on 1022 stock on TipRanks’ Stock Analysis page.

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