Key Takeaways:
CMGE said it has formed a partnership with Guangzhou Chaojing Investment aimed at tapping the latter’s strong position in e-sports
CMGE’s shares rose 3.2% on the news and have rallied 30% in the past week on renewed investors interest in the gaming sector after a prolonged crackdown that is now easing
During Microsoft's third-quarter earnings call, CEO Satya Nadella announced record gaming achievements and the expansion of Microsoft games to Nintendo Switch and Sony PlayStation platforms.