Qingci Games and Disney Strike Strategic Game Deal!

Qingci Games Inc (HK:6633), a Chinese mobile game developer, announced that it has signed a licensing agreement with Walt Disney Company (NYSE:DIS) for China. This agreement covers the development and publication of a new game based on Disney and Pixar works.

With this development, Qingci shares rose by 8.1%, reaching HK$3.16, while the Hang Seng index gained 1.5%, outperforming the market.

Under the agreement, Qingci will support the game for three years from its release date. The game is set to be gradually launched in mainland China, Hong Kong, Macau, Taiwan, Singapore, Malaysia, Thailand, and South Korea by 2026.

The company stated that the game will combine elements of card battles and idle game mechanics, and also announced that it will include popular Disney properties such as “Frozen,” “Pirates of the Caribbean,” and “Toy Story.”