News for CMGE Technology Group Limited (0302.HK)

Insights into CMGE (0302. HK) 2023 Financial Results: Rich Reserve of New Games Set to Drive Significant Business Growth

CMGE Released Its Annual Performance Report: After Adjustments, Net Profit Turned from Loss to Profit, With Non-Recurring Operating Profit Reaching 107 million Yuan

Key Takeaways: NetDragon will separately list its international education business in New York through a backdoor listing using Gravitas Education The company believes the education unit being listed is worth $750 million, far less than its current valuation based on Gravitas’ and NetDragon’s share prices

Key Takeaways: ZX Inc.’s revenue and profit both grew significantly in the first half of the year as frequent lockdowns sparked an online gaming craze The company had just 290 million yuan in cash and 2 billion yuan in net current liabilities at the end of June By Fai Pui