[Featured Stocks] Expectations for China Entry... Wemade Max and Wemade Play Hit Upper Limit
As the possibility of Wemade's entry into the Chinese market gains attention, Wemade-related stocks are showing a strong performance together in the early trading session on the 21st.
As of 9:33 AM on the day, Wemade Max and Wemade Play surged up to their price limit (30%). Wemade is also trading at 40,150 KRW, up 19.67% compared to the previous trading day.
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According to related industries, it was recently reported that Actoz Soft, a subsidiary of Chinese Chengdu-based Chengdu Games, paid 100 billion KRW as a license contract fee to Wemade for 'Legend of Mir 2 and 3'. Wemade and Actoz Soft have been engaged in a legal dispute over the Legend of Mir intellectual property (IP) operations in China for several years, and the fact that a contract fee has been exchanged this time has raised expectations for Wemade's entry into the Chinese market, attracting investors' attention.
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