Shanda Games moves closer to backdoor listing

The online game developer looks en route to a backdoor listing in Shenzhen as a tussle between shareholders comes to an end.

Chinese online game developer Shanda Games has moved a step closer to returning to the mainland stock market after Zhejiang Huatong Holding Group agreed to buy a majority stake from the firm’s biggest shareholder.

¬ Haymarket Media Limited. All rights reserved.

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