BUZZ-China Ruyi falls on acquisition involving cash, new share issue

Reuters
01-14
BUZZ-China Ruyi falls on acquisition involving cash, new share issue

** Shares of China Ruyi Holdings 0136.HK fall as much as 8% to HK$2.30, after the content producer and online gaming group says to issue new shares to fund part of its acquisition

** Ruyi says it has agreed to buy 30% of Beijing Yonghang Technology from a Tencent 0700.HK subsidiary for 825 mln yuan ($112.55 mln) as the company aims to obtain more attractive IPs and games through investment and business expansion

** The deal will be settled 742.5 mln yuan in cash to be financed by internal resources, and the remainder by an issue of 36.67 mln new shares at HK$2.432 each - Ruyi

** Beijing Yonghang's core assets include QQ Dance, QQ Dance II, QQ Dance Mobile and other games

** Tencent 0700.HK shares climb 2%

** Hang Seng Commerce & Industry Index .HSNC rises 2%, Hang Seng Tech Index .HSTECH jumps 2.3% and Hang Seng Index .HSI adds 1.4%

($1 = 7.3303 Chinese yuan renminbi)

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10