S.Korean games makers cheer WeMade's legal win, Chinese nod for new games
02/01/2019 02:20
** Shares of South Korean games makers rise after local
company wins a copyright lawsuit against a Chinese firm, while
China's approval on games release boosts investor sentiment
** WeMade Entertainment Co Ltd 112040.KQ said on Friday on
its website https://bit.ly/2QgtVCa it won a copyright
infringement lawsuit it had filed in Beijing Intellectual
Property Court against 37Games
** WeMade's shares surge as much as 28.7 pct, reaching their
highest since Aug 2018
** China on Saturday approved the release of 80 online video
games after a freeze on such approvals for most of the year
urn:newsml:reuters.com:*:nB9N1Y800C
** Actoz Soft Co Ltd 052790.KQ soars as much as 19.5 pct;
Joymax Co Ltd 101730.KQ and Mgame Corp 058630.KQ jump 6.1
pct and 4.7 pct, respectively
** Broader KOSPI market .KS11 down 0.6 pct as of 0208 GMT
((Reuters Messaging: joori.roh.thomsonreuters.com@reuters.net))