Briefly

Mobile game market grows in first quarter

China's mobile game sector registered steady growth in the first quarter of the year, according to a report released by CNG, a research agency in the sector. Sales revenue topped 60 billion yuan ($9.13 billion) in the period, up nearly 3 percent year-on-year and up 9 percent from the fourth quarter of 2021, the report showed.

Chaozhuo Aviation Tech IPO gets green light

The China Securities Regulatory Commission has approved the IPO of Hubei Chaozhuo Aviation Technology Co Ltd on the science and technology innovation board, also known as the STAR Market, on the Shanghai Stock Exchange. The date and size of the IPO will be finalized soon.

Xinhua