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Stock Market & Financial Investment News

News Breaks
April 28, 2013
12:44 EDTNCTYThe9 CEO purchases 200,000 company shares in the open market
The9 Limited announced that its Chairman and CEO Jun Zhu has purchased 200,000 The9's American depositary shares, ADSs, in the open market since the trading window opened on April 22. Jun Zhu intends to purchase $5M worth of The9 ADSs in the open market.
News For NCTY From The Last 14 Days
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July 31, 2014
06:44 EDTNCTYThe9, Qihoo 360 form joint venture
The9 (NCTY) announced that The9 and Qihoo 360 (QIHU) entered into an agreement to form a joint venture. Pursuant to the joint venture agreement, The9 and Qihoo 360 will each own 50% equity interest in the joint venture and share profits according to this ratio. The9 and Qihoo 360 agreed that the joint venture will publish and operate Firefall, a game developed by a subsidiary of The9, for a three-year term in China and may be renewed for additional two years upon satisfaction of certain conditions. The license and distribution agreement will be signed separately between the joint venture and the developer.
July 29, 2014
07:42 EDTNCTYQihoo 360 rumored to establish gaming venture with The9, Marbridge Daily says
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