Chinese game developer Forgame surges in HK trading debut - Reuters

Shares of Forgame Holdings, a Chinese developer of web games, soared more than a third in their Hong Kong trading debut on Thursday, underscoring investor optimism for technology companies that have fueled rallies on the Nasdaq this year, writes Reuters. The company is controlled by its five founders, with other top shareholders including private equity firm TA Associates and Chinese venture capital company Qiming Venture Partners.

3 October 2013•3 mins read
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