Looks promising, or could it b

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SpinNWash
2021-04-26

Looks promising, or could it be overhyped? The week ahead will tell.

HK-listed video game group Feiyu hits over 3-1/2 year high on share sale plans

** Shares of China's video game developer and distributor Feiyu Technology International Co Ltd j

HK-listed video game group Feiyu hits over 3-1/2 year high on share sale plans

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The week ahead will tell.","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/374994308","repostId":2130439136,"repostType":4,"repost":{"id":"2130439136","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1619403969,"share":"https://www.laohu8.com/m/news/2130439136?lang=&edition=full","pubTime":"2021-04-26 10:26","market":"hk","language":"en","title":"HK-listed video game group Feiyu hits over 3-1/2 year high on share sale plans","url":"https://stock-news.laohu8.com/highlight/detail?id=2130439136","media":"Reuters","summary":"** Shares of China's video game developer and distributor Feiyu Technology International Co Ltd    j","content":"<p>** Shares of China's video game developer and distributor Feiyu Technology International Co Ltd    jump as much as 118.8% to HK$1.40, their highest since September 2017, set for fourth straight session of gains</p><p>** Stock last up 57.8%, on track for its best day since Feb. 8; 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is the biggest percentage gainer on the Hong Kong bourse** Fujian-based company plans to issue 171.88 mln new shares, or 10% of the enlarged share capital, to a third party THL H Ltd for HK$119.3 mln ($15.4 mln), raising capital for product development, for publishing and marketing** The new shares will be issued at HK$0.6941 apiece, or a 8.45% premium over Friday's close of HK$0.64** The Hong Kong Hang Seng sub-index tracking information technology firms    rises 1.6%, and the Hang Seng Tech Index    climbs 1.3%** Both the Hang Seng China enterprises index    and the benchmark index    gain 0.2%** As of the previous close, the stock had soared 255.6% this year","news_type":1},"isVote":1,"tweetType":1,"viewCount":177,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":57,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}