LineKong, an online game developer, planned to launch IPO in Hong Kong in 9 months, according to Wang Feng, CEO of the company. Wang said that the company has recorded profits, satisfying the conditions to go public in Hong Kong market (report in Chinese).

Excalibur

This decision is driven by the favorable performance of Excalibur (formerly known as The Legend of King), a mobile RPG released by LineKong after the firm shifted focus to mobile gaming sector in April. Excalibur has recorded a monthly turnover of 45 million yuan, gaining access to 120 gaming platforms and being downloaded for more than 20 million times, according to Wang. The company planned to launch the testing of another mobile game Sword of Heaven in September. Furthermore, LineKong also made headways into game publishing arena by establishing a publication center headed by the company’s president Liao Mingxiang.

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.