A week in China tech
- Legend Group net profit for the year came in at the lower end of market expectations. Nevertheless, analysts said that a special dividend of 5.2 H.K. cents, continued share buybacks initiatives and the Chinese company's strong position in the PC market should help maintain investor confidence in the stock. Net profit for the year ended March 31st slid 1.9% to HK$1 billion $130.8 million.
- Shanda Networking has acquired almost 20% in Tokyo software developer Bothtec Inc. Shanda, which offers popular online games to paying customers, will provide in China a multiplayer online game being developed by...