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Express News | NVIDIA's GPUs for the mainland market are in high demand.
Tencent made a significant acquisition of a 25% stake in Ubisoft's subsidiary, holding popular IPs such as 'Assassin's Creed' and two other major titles.
Ubisoft has established a new game subsidiary, Tencent invested 1.16 billion euros to acquire a 25% stake, with a Company Valuation of approximately 4 billion euros.
Ubisoft Gets $1.25 Billion Investment From Tencent for New Gaming Unit
The net Inflow of Alibaba in the Hong Kong Stock Connect is 0.966 billion Hong Kong dollars.
The net inflow from northbound funds to Alibaba (09988.HK), SMIC (00981.HK), and Tencent (00700.HK) reached 0.966 billion HKD, 0.756 billion HKD, and 0.575 billion HKD, respectively. The net outflow from northbound funds was from Xiaomi Group (01810.HK) and New China Life Insurance (01336.HK), amounting to 0.93 billion HKD and 0.239 billion HKD, respectively. The highest net inflow of funds through SH->HK Connect to active stocks was Alibaba (09988.HK) at 0.772 billion HKD, while the highest net outflow was from Xiaomi Group (01810.HK) at 0.816 billion.
Zhuozheng Medical, which provides medical services for the wealthy, is aiming for an IPO in the Hong Kong stock market after continuous losses before 2023.
Tencent's bet.
Express News | Tencent invested 1.16 billion euros in a subsidiary of Ubisoft: sharing three major game IPs including Assassin's Creed.