HK Stock Market Move | CHINA RUYI(00136) rose more than 5% in intraday trading and signed a game cooperation framework agreement with Tencent in 2026.
Chinese Confucianism (00136) rose more than 5% in intraday trading, as of the time of publication, it has risen by 3.73%, to 1.39 Hong Kong dollars with a turnover of 60.78 million Hong Kong dollars.
CHINA RUYI (00136) rose more than 5% during trading, with a 3.73% increase at the time of reporting, trading at 1.39 Hong Kong dollars, with a turnover of 60.7882 million Hong Kong dollars.
On the news front, CHINA RUYI announced that it has signed a game cooperation framework agreement with a Tencent representative company for the year 2026. Public information shows that Tencent indirectly holds about 15.37% of CHINA RUYI's shares, and the Tencent representative company represents Tencent Limited and its related entities, including Tencent Video. Under the agreement, they plan to develop 12 cooperation products and are expected to launch them gradually from 2026 to 2027.
According to the announcement, in terms of game distribution cooperation, CHINA RUYI will serve as the exclusive agent or designated platform distributor for the cooperative game products; in terms of co-operation in operation, both parties will settle according to channel revenue; in terms of marketing services, the company will provide customized marketing services based on the integration of film and game; in terms of exclusive agency, the Tencent representative company will distribute, operate, and promote cooperative games on its platform and third-party platforms.
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