The Marvelous Snail, developed by Xiamen-based Qingci Games, is now China’s second most popular casual game. Photo: Handout
Tencent, Alibaba-backed studio in spotlight ahead of Hong Kong IPO as China’s video gaming boom continues
- Xiamen-based Qingci Games last week filed for an initial public offering in Hong Kong
- Its investors include Tencent, Alibaba, Bilibili and private equity firm Boyu Capital
The Marvelous Snail, developed by Xiamen-based Qingci Games, is now China’s second most popular casual game. Photo: Handout