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Dongfang Hong Hengyang Five-Year Regular Open Hybrid Fund
169107.SZ
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Tencent Takes Minority Stake in Ubisoft's Vantage Studios

Tencent has acquired a minority stake in Ubisoft's Vantage Studios, with customary minority protection rights. The agreement includes a five-year lock-up on Tencent’s securities unless Ubisoft loses majority control. Ubisoft retains majority control for at least two years. The deal includes share transfer provisions and aims to enhance collaboration between the companies, supporting Ubisoft’s franchise growth.

Reuters·
US
TCEHY
+1.23%
US
TCTZF
-1.90%
HK
00700
-1.77%
Reuters·
US
TCEHY
+1.23%
US
TCTZF
-1.90%
HK
00700
-1.77%

06:25 ET MINISO Wins Radar Award at The Licensing Awards 2025, Recognized for Excellence in Global IP Strategy

MINISO, a global lifestyle brand, won the Radar Award at The Licensing Awards 2025 for its excellence in global IP strategy. The award recognizes MINISO's achievements in IP collaboration and retail innovation, contributing to its growth in the licensing business. MINISO has expanded to 112 countries with over 7,600 stores, collaborating with renowned licensors and launching diverse products. The company aims to become a leading IP operation platform, focusing on both global collaborations and original IP development.

prnewswire·
HK
09896
-2.58%
US
MNSO
-0.97%
prnewswire·
HK
09896
-2.58%
US
MNSO
-0.97%

Lithium prices plunge in China after moves to curb speculative trading

Lithium prices in China fell sharply after the Guangzhou Futures Exchange curbed speculative trading and CATL planned to restart production at its lithium mine. The most-active lithium carbonate contract dropped 9% to 91,020 yuan per metric ton. GFEX increased transaction fees and limited daily open positions for non-futures company members. CATL's Jianxiawo mine, which can produce 46,000 tons of lithium carbonate annually, is set to resume production after a suspension since August.

Reuters·
SZ
300750
-2.48%
HK
03750
-3.73%
Reuters·
SZ
300750
-2.48%
HK
03750
-3.73%