The Marvelous Snail, developed by Xiamen-based Qingci Games, is now China’s second most popular casual game. Photo: Handout The Marvelous Snail, developed by Xiamen-based Qingci Games, is now China’s second most popular casual game. Photo: Handout
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

Topic |   Video gaming
The Marvelous Snail, developed by Xiamen-based Qingci Games, is now China’s second most popular casual game. Photo: Handout The Marvelous Snail, developed by Xiamen-based Qingci Games, is now China’s second most popular casual game. Photo: Handout
The Marvelous Snail, developed by Xiamen-based Qingci Games, is now China’s second most popular casual game. Photo: Handout
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