Asian Spectator

ACN Newswire Business

XD Inc. Commences Trading on SEHK Main Board

  • Written by ACN Newswire - Press Releases

XD Inc. Commences Trading on SEHK Main Board

HONG KONG, Dec 12, 2019 - (ACN Newswire) - XD Inc. ("XD" or the "Group"), a top five PRC game operator who earns most of its revenue from overseas , commenced trading of shares on the Main Board of The Stock Exchange of Hong Kong Limited ("SEHK") today, under the stock code 2400.

XD Inc. Commences Trading on SEHK Main Board

Mr. Huang Yimeng, Executive Director and Chairman of the Board and Chief Executive Officer of XD (Left), and Mr. Dai Yunjie, Executive Director and President of XD (Right) strike the gong at the listing ceremony to mark the official listing of XD shares on the Main Board of HKEX.

XD Inc. Commences Trading on SEHK Main Board

Mr. Huang Yimeng, Executive Director and Chairman of the Board and Chief Executive Officer of XD, presents an illustration as a souvenir to the HKEX. The artwork, consisting of characters of the Group's games and also landmarks of Hong Kong, displays the Group's creativity and strong game publishing and operating capabilities.

XD Inc. Commences Trading on SEHK Main Board

Officiating guests from the Group and HKEX representatives together celebrate the listing of the Group.

Mr. HUANG Yimeng, Executive Director, Chairman of Board of Directors and Chief Executive Officer of XD, said, "Since its inception, XD has stayed true to its original aspiration of 'impacting each and every gamer by promoting the spirit of craftsmanship' in developing and introducing quality games to the world, and establishing TapTap , the largest game community and platform in the PRC. Listing on the Main Board of SEHK presents us with a good opportunity, giving us a strong drive to grow our business and engagement. Looking ahead, we will keep strengthening our game portfolio, increase the active user base and engagement of TapTap, enhance overseas operation, upgrade our information infrastructure facilities and technologies, and also look for strategic investment and acquisitions. It is our hope that the Group can, with excellence results in the future, reward shareholders and investors for their strong support and trust."

XD has maintained high growth. Between 2016 and 2018, its revenue and profit increased at a CAGR of 57.0% and 288.5% to RMB1,887.1 million and RMB352.7 million respectively. XD also operates TapTap2, the leading game community and platform in China, which together with its online games, has presented it with strong synergies. The Group's games were offered in more than 100 countries and regions across the globe. In the five months ended 31 May 2019, overseas market accounted for 67.8% of its total revenue from game operation. The Group has a diverse portfolio of games of different genres. As at 30 September 2019, the Group operated 42 online games and 12 premium games. Its game pipeline included 11 online games and seven premium games expected to be released by 2020.

Copyright 2019 ACN Newswire. All rights reserved. www.acnnewswire.com

Authors: ACN Newswire - Press Releases

Read more //?#

Rododo - Three Great Years of Hotpot/Steamboat’s Success Story: While Setting a New Record in Taiwan’s 100-years-old F B Industry

KUALA LUMPUR, MALAYSIA - Media OutReach - 17 January 2020 - Under the slogans as "The best Hotpot/Steamboat service in Taiwan's F&B industry", "The incredible rapid expan...

Rododo - Three Great Years of Hotpot/Steamboat’s Success Story: While Setting a New Record in Taiwan’s 100-years-old F&B Industry

KUALA LUMPUR, MALAYSIA - Media OutReach - 17 January 2020 - Under the slogans as "The best Hotpot/Steamboat service in Taiwan's F&B industry", "The incredible rapid expan...

Hitachi Industrial Products Received EN 15085 Certificate for Welding of Railway Vehicles and Components

TOKYO, Jan 17, 2020 - (JCN Newswire) - Hitachi Industrial Products, Ltd. announced that Hitachi Industrial Products received safety standards: "EN 15085 certificate" for welding of railway ...

Dunhuang, China Introduces Travel Opportunities for 2020

DUNHUANG, China, Jan. 17, 2020 /PRNewswire-AsiaNet/ -- Dunhuang, China has recently announced new benefits of visiting the city in the upcoming Chinese New Year celebrations.Photo - https://...

Rogers International Commodity Index (RICI(R)) Composition Unc...

SINGAPORE, Jan. 17, 2020 /PRNewswire-AsiaNet/-- Following the annual meeting of the Rogers International Commodity Index (RICI(R)) Committee, Jim Rogers and Beeland Interests, Inc. announce ...

BitDeer.com Announces 2020 Lunar New Year Event with New Mining Plans and Rebates

HONG KONG, Jan 17, 2020 - (ACN Newswire) - BitDeer.com, the world's leading computing power sharing platform, is launching its annual Lunar Giveaway Event. From Jan 17, 12:00 - Feb 1, 00:00...

Cultural Festival in Weifang, Shandong Presents Local New Year...

WEIFANG, China, Jan. 17, 2020 /Xinhua-AsiaNet/-- The 2020 Weifang Cultural Festival of Chinese New Year Customs & Shandong Intangible Cultural Heritage Month & New Year Celebration, ...

Priyanka Chopra Jonas and Yang Mi Added to A-List Portfolio of...

NIWOT, Colo., Jan. 17, 2020 /PRNewswire-AsiaNet/ -- A notable team of global ambassadors, an introspective visual marketing campaign, trend-setting new styles, and comfort innovation-- being...

Tennis Young Gun Stefanos Tsitsipas Honoured with Special Edit...

MELBOURNE, Jan 17, 2020 /Medianet International-AsiaNet/-- --Melbourne Greek institution, Stalactites, has re-launched 'Tsitsipas Souvlaki' for a limited time onlyMelbourne Greek restaurant ...

Hitachi Joined WIPO GREEN as a Contributing Partner

TOKYO, Jan 17, 2020 - (JCN Newswire) - Hitachi, Ltd. (TSE:6501) has announced that Hitachi has joined WIPO GREEN as a contributing partner. WIPO GREEN is an open platform administered by th...

Host Analytics Rebrands as Planful

REDWOOD CITY, Calif., Jan. 17, 2020 /PRNewswire-AsiaNet/-- --Newly Unveiled Vision Reflects Value of the Company's Continuous Planning Solution to Drive Faster, Confident Decision MakingHos...

ValueLabs is Appraised at CMMI V2.0-DEV LEVEL 5

HYDERABAD, India, Jan. 17 /PRNewswire-AsiaNet/-- ValueLabs LLP [https://www.valuelabs.com/], a global technology company, has been appraised at Level 5 in the Development Model view of CMMI ...

Toyota Yaris WRC Trio Start a New Chapter with a Classic Challenge

TOKYO, Jan 17, 2020 - (JCN Newswire) - The all-new driver line-up of Sebastien Ogier, Elfyn Evans and Kalle Rovanpera will look to make a positive start aboard the Toyota Yaris WRC when the...

Nippon Express Consolidates Three Group Companies in Italy

TOKYO, Jan. 17, 2020 /Kyodo JBN-AsiaNet/-- -Merger Aimed at Strengthening Lifestyle-related Logistics Services-Three Nippon Express Group companies in Italy--Nippon Express Italia Srl, a Mil...

China Tonghai Financial is Honoured with Best Privatization at The Asset Triple A Country Awards 2019

HONG KONG, Jan 17, 2020 - (ACN Newswire) - Tonghai Financial is pleased to announce that China Tonghai Capital was presented with the Best Privatization at the The Asset Triple A Country Aw...

AI Start-up ExaWizards Launches "Qontextual," FAQ Search Engine

TOKYO, Jan. 17, 2020 /Kyodo JBN-AsiaNet/-- - AI Immediately Learns Q&A with Excel Data, Automatically Analyzes It Based on Context of Question, and Gives Answers -ExaWizards Inc. (herein...

Blockpass Featured in Forrester Research Report

HONG KONG, Jan 17, 2020 - (ACN Newswire) - Hong Kong based digital identity verification solution Blockpass has been featured in "New Tech: Decentralized Digital Identity (DDID)", the lates...

CCG expands Asia-Pacific presence with Singapore office

HONG KONG, CHINA - Media OutReach - 17 January 2020 - Hong Kong-based communications agency Creative Consulting Group (CCG) has responded to regional growth by launching a Singapore o...

DOCOMO Conducts World's First Successful Trial of Transparent Dynamic Metasurface

TOKYO, Jan 17, 2020 - (JCN Newswire) - NTT DOCOMO, INC., working in collaboration with the global glass manufacturer AGC Inc., announced today that it has successfully conducted what is bel...