Posted Tue, Apr 04, 2006 by Boomjack
The9 stocks up.
NCSoft obtaining controling interest in NC Sina has pushed The9 stocks up over 40% in two weeks. The9 is one of China's largest online game portal companies.
"Korean game developer NCSoft has recently assumed full control of its "NC Sina" joint venture by acquiring the 51% stake held by former partner Sina Corp. This development has, in turn, fueled speculation that NCSoft might choose The9 Limited to operate its popular online game Guild Wars in China, which would be a boon to The9."