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Stock Market & Financial Investment News

News Breaks
August 4, 2014
07:29 EDTCMGEChina Mobile Games obtains rights to develop games on Shaolin theme
China Mobile Games and Entertainment Group announced that it has signed cooperation agreement with Shaolin Intangible Assets Management Co. Ltd, the wholly-owned subsidiary of Shaolin Temple to develop mobile games including TV-targeted games on Shaolin theme. Shaolin Temple has special and well respected standing in Chinese religious and traditions. In 2006, Shaolin Kung Fu was included in the first batch of Intangible Cultural Heritage announced by PRC State Council. The core mission of Shaolin Intangible Assets Management Co. Ltd is to protect and promote the prestige brand of Shaolin and Shaolin Temple and make sure that the value is well preserved and appreciated.
News For CMGE From The Last 14 Days
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November 17, 2014
09:22 EDTCMGEOn The Fly: Pre-market Movers
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06:08 EDTCMGEChina Mobile Games sees Q4 revenue RMB 380M-RMB 400M
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06:08 EDTCMGEChina Mobile Games reports Q3 EPS 38c, consensus 35c
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November 13, 2014
13:56 EDTCMGEChina mobile game sector to grow slower in 2015, says Rosenblatt
Rosenblatt says Tencent reported below consensus numbers, particularly in mobile games, where revenue fell sequentially. The firm expects China's mobile game sector to grow slower in 2015 and remains on the sidelines with regards to shares of Sky-mobi (MOBI), China Mobile Games (CMGE) and iDreamSky (DSKY). Rosenblatt thinks Qihoo's(QIHU) mobile game distribution business will also be hurt by the slowing growth.

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