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Finet Expects Online Games to Become Core Business

Sina Tech, 5/08/08

Hong Kong financial news portal Finet (8317.HK) has officially named former T2CN founder and CEO Li Yanqing as the president of its recently established Shanghai-based game company, China Game, and Xiao Yongqi, previously with Finet, as the CEO. Finet has also unveiled the schedule of China Game in launching three 3D MMORPGs: "Warage", "Tang Dyanasty II", and "Swordsman-Plus", among which "Warage" is planned to begin closed beta testing on May 13. T2CN has been restructured to function solely as an online game developer, while China Game will be the operator of all in-house developed or licensed games.

In an interview, Li Yanqing revealed that Finet is expecting to see online games become its major business in the future, with the aim of launching an IPO in 2 years.

Keywords: Finet 8317.HK China Game Xiao Yongqi Warage Tang Dyanasty II Swordsman-Plus closed beta Internet IPO Li Yanqing T2CN online gaming MMORPG

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