HK Stock Market Move | XD INC (02400) rose over 6% in early trading, and signed a strategic cooperation agreement with Golden Arc to enhance the company's overseas game investment.

XD INC (02400) rose by over 6% in early trading, and as of the time of writing, it was up by 7.13% to HK$123.2, with a trading volume of HK$202 million. In terms of news, XD INC announced that on November 26, 2025, XD Entertainment (an indirect wholly-owned subsidiary of the company) entered into a strategic cooperation agreement with Golden Arc. XD Entertainment and Golden Arc agreed to establish a strategic partnership, as well as entered into a financing agreement where XD Entertainment agreed to provide a total of $40 million USD in term loan financing to Golden Arc. The terms of the financing agreement (including applicable interest rates) were determined through fair negotiations between the company and Golden Arc taking into account prevailing market terms. The announcement mentioned that the target group also owns a series of well-known gaming intellectual properties. The financing agreement lays the foundation for the parties to establish a long-term business relationship, facilitating the exploration of future business opportunities. The company believes that this is advantageous for the company and its shareholders as it provides a method to enhance the company's investments in the overseas gaming industry and explore future business opportunities. Therefore, the company views the financing provided to Golden Arc under the financing agreement as part of its daily business operations.