Hong Kong Stock Alert | OURGAME (06899) Resumes Trading After 1.5-Year Suspension, Surges Over 150% Intraday as Company Previously Stated Operations Continued Normally

Stock News

Oct 10

OURGAME (06899) officially resumed trading today, with shares surging over 150% during intraday trading. As of press time, the stock was up 121.05% to HK$0.42, with a trading volume of HK$3.7039 million.

On the news front, OURGAME was suspended from trading on March 28, 2024, due to its failure to disclose its 2023 annual report on time. The company announced yesterday that it had met the resumption guidelines and would resume trading today.

In late September, the company issued an announcement stating that despite the suspension of share trading, the group's business operations continued normally in all material aspects. The group continues to operate and develop different business segments.

The group's gaming business remains its primary revenue source, including traditional PC-based gaming through the OURGAME lobby and mobile gaming operations. In recent years, the group has also expanded into live streaming business, involving the broadcasting of card and board games through various online channels.

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