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XD Inc. Buys Torchlight Game Assets in Discloseable Deal

Story Highlights
  • XD Entertainment, a unit of XD Inc., is acquiring Torchlight games, technology, IP and social media assets from Runic and Arc Games.
  • The acquisition qualifies as a discloseable transaction in Hong Kong, marking a strategic expansion of XD’s game portfolio and capabilities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
XD Inc. Buys Torchlight Game Assets in Discloseable Deal

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XD, Inc. ( (HK:2400) ) has provided an announcement.

XD Inc. has announced that its wholly owned subsidiary XD Entertainment signed an asset transfer agreement on 29 December 2025 with sellers Runic and Arc Games, along with Golden Arc, to acquire all rights, title and interest in a portfolio of gaming-related assets. The deal covers the Torchlight game franchise, associated technology including source code, documentation, intellectual property, related contracts and official social media accounts with their followers and analytics, and is classified under Hong Kong listing rules as a discloseable transaction, indicating a moderate but strategically meaningful investment that could strengthen XD’s content library, bolster its game development capabilities and enhance its competitive position in the global gaming market.

The most recent analyst rating on (HK:2400) stock is a Hold with a HK$74.00 price target. To see the full list of analyst forecasts on XD, Inc. stock, see the HK:2400 Stock Forecast page.

More about XD, Inc.

XD Inc., incorporated in the Cayman Islands and listed in Hong Kong, operates through its wholly owned subsidiary XD Entertainment in the digital entertainment and gaming industry, focusing on the development, publishing and operation of online games for global players.

Average Trading Volume: 2,805,079

Technical Sentiment Signal: Buy

Current Market Cap: HK$31.8B

See more data about 2400 stock on TipRanks’ Stock Analysis page.

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