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shanghai fukong failing

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Barnabis
Oct Member 2015

Barnabis

Posts: 3,772 Adamant Posts by user Forum Profile RuneMetrics Profile
Just search for
shanghai fukong interactive entertainment stock
in google.

It looks like the Chinese overlords are not doing so well. When I see this I really wonder how much of the money Jagex could be putting into the game is actually being sent to China for these people to keep financially afloat.

The stock originated at 6.11CNY back in July 6, 2012 when the company first started up. On June 5 2015 (guess when they acquired RS) they were up to 37.38CNY. This is a surge that started in April of that year and ended in October. By the end of 2015 they never recovered. Now they are just 1/3 of what they originally were 6 years ago.

Originally 6.11 (2012)
52-wk high 19.75 (July 2017)
52-wk low 2.33

I'm curious to see if Fukong's offices are mostly empty now or if they actually have some employees other then a board of directors cashing out on MTX. I can only hope Jagex grows a pair and tries to sue to get full control over RS3 back.
Jagex 2019 New Year Resolution... MTX our customers until RS3 SERVER SHUTDOWN PARTY!
The RS3 Community is treated like :@ RUBBISH :@ due to constant TH promotions.

Don't buy keys on Treasure Hunter, if you do Jagex will only make more TH promotions :(

28-Jul-2018 19:52:53

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