Tencent is holding off on marketing a US dollar bond deal

April 21, 2021 myadmin

Tencent had intended to price a possible US$4 billion offering Wednesday, making it one of Asia’s biggest dollar-bond deals of 2021. The company is monitoring the market and hasn’t decided on the exact timing for the planned deal, said the people, asking not to be identified because they’re not authorized to speak publicly.

A Bloomberg Barclays index of Chinese investment-grade US dollar bonds showed spreads jumped the most since March 2020 on Tuesday, and Huarong notes fell further yesterday with the yield on one of them nearing 40 percent.

Huarong “has caused some turbulence in the Chinese dollar bond market and made it harder for Chinese borrowers to navigate placement timing,” said Bloomberg Intelligence analyst Timothy Tan.

“I think Tencent may want to see the market stabilize before pricing any bond since it can afford to be patient on raising funds.”

The deal sheet did not specify an exact figure but sources said the company was targeting to raise $4 billion from the issue, which would be its second major fundraising deal in a year.

“The book ballooned after the U.S. opened … they’ll rush in like there’s no tomorrow if you price it a little bit wider,” said a Hong Kong based investor who participated but could not be named due to confidentiality constraints.

The bond pricing was set at 25 basis points to 35 basis points lower than the initial price guidance delivered to potential investors when the deal was launched on Thursday.

It’s been less than a year since Tencent’s most recent dollar-bond deal at US$6 billion, and the company in February raised US$8.3 billion in Asia’s biggest offshore syndicated loan for a Chinese firm since 2016. A new dollar bond would be rated four notches below AAA by the three major U.S. credit firms.

It has been less than 12 months since Tencent’s most recent dollar bond deal at US$6 billion, and the company in February raised US$8.3 billion in Asia’s biggest offshore syndicated loan for a Chinese firm since 2016.

A new dollar bond would be rated four notches below AAA by the three major US credit firms.

China’s tech giants are facing an unprecedented regulatory crackdown due to concerns that they have built market power that stifles competition, misused consumer data and violated consumer rights.

Tencent’s share price has fallen 18.3% from its January peak so far this year on the back of tighter regulations potentially hurting its future growth prospects. Still, it boasts a market capitalisation of about $765 billion, the most for a listed Asian company.

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Diablo Immortal was announced as a free-to-play title back in 2018

April 15, 2021 myadmin

Blizzard Entertainment shared the start of the alpha on its official website. The public alpha goes live December 18, but is currently only available to a select number of Australian players on Android who pre-registered for Diablo Immortal through the Google Play Store.

A lot of people disagreed, and immediately began complaining both online and in-person about this apparent slight, this bastardization of “their” franchise, this complete abandonment of rational thought by a company that routinely creates some of the best and most successful games to ever exist.

Well guess what, you entitled crybabies. I played Diablo Immortal at BlizzCon shortly after it was revealed, and it’s a lot of fun.

When Diablo Immortal was announced as a free-to-play title back in 2018, it wasn’t clear how Blizzard would navigate the choppy waters of monetization, which has ruined many a mobile game while bolstering the appeal of others. While the company built Hearthstone, its deck-building game set in the Warcraft universe, into one of the best Android games, Diablo is a much more valuable brand. If the core mechanics were to be sacrificed in an effort to eke as much revenue per player as possible, the entire legacy of the series itself could be at risk.

The test will be limited to a couple thousand players, Blizzard said, and is expected to run for a couple of weeks. Minimum hardware requirements include a Snapdragon 710 SoC, 2GB of RAM and Android 5.0 Lollipop or higher. The game is free-to-play but there will be optional in-game purchases, although Blizzard said these “will never stand in the way of progression or enjoying the game.”

The developer has also revealed that Diablo Immortal will be free-to-play when it officially launches. It noted that the entire game – including the full story, playable classes, gameplay time and post-lunch content – will be free, stating that “optional in-game purchases will never stand in the way of progression or enjoying the game”.

Some of the beauty of the Diablo franchise is that it’s pretty easy to navigate, and that simple movement system translates very well to mobile with Diablo Immortal.

You move around by using a digital analog “stick” on the left side of the screen, while all your abilities are arranged on the right side of the screen. It’s pretty similar to how the game works with a console controller. And it feels just as intuitive and easy.

There are other ways to spend money in Diablo Immortal, though they’re only theoretical right now since the systems aren’t enabled in the Technical Alpha. Blizzard goes through many of them in a blog post explaining its intentions for the game, but the primary ones involve enhancements to secondary game mechanics, like being able to buy Crests that would occasionally drop in Elder Runes later in the game.

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Aurora Legend sports lots of features that automate most of the gameplay

April 9, 2021 myadmin

Rastar Games announced its new adventure mobile game, Aurora Legend, launching on both iOS and Android devices in March 2019.

The world of Aurora used to be a land of peace and beauty until the demons appeared and took over. Plunging the once beautiful world into the abyss filled with chaos. Brave heroes banded together to fight back against the evil in order to restore order. However, Aurora was never the same when the war was wage, leading it to devastation and in ruins.

Rastar Gaming’s newest title features a casual take on the traditional adventure RPG formula. This game has many features in place to distinguish itself from the others, including a vastly different approach to progression and gameplay. Specifically, the developers created the game with a focus on the busy crowd; for those who don’t have time to sit and play for long periods of time. In this sense, Aurora Legend sports lots of features that automate most of the gameplay, including battles, resource gathering, and even grinding. If you want to find out more, feel free to read all about this title in our review.

In Aurora Legend, players will lead their heroes on an adventure that’s filled with dramatic storylines, challenging battles, and an immersive experience unlike anything they’ve experienced before. Some of the main features of Aurora Legend are:

World-Class Voice Talent – Expect to hear a number of A-list voice actors lending their talents to the game, such as Miyuki Sawashiro, best known for her work with Sword Art Online, Full Metal Panic, Parasyte, and more!
Casual Gameplay – Regardless if you’re watching Netflix, going to school, or in the middle of a meeting, your heroes will still fight and advance for you.
A New World to Explore – Explore Aurora’s ancestral mysteries while learning about your heroes’ history, combine their unique skills, and participate in an infinite number of adventures.
Craft, Enhance and Evolve – Using the Runes system, even the weakest weapon, or hero, can become legendary.
Share the Experience – Form a squad with other adventurers to battle the remnants of darkness together via co-op!

Now is the time for players to land a hand in defeating evil, lead hundred of heroes to reclaim what was lost, become a legend in this new era. Join hand with heroes and fight for glory in this immersive game filled with dramatic storylines.

While your gold, exp, and intel influx remains constant in each stage, the secondary drops that you’ll receive from farming will vary according to the battlefield in which you’re stationed. If you want to farm boots, for example, then you’ll need to station your team at a stage that yields the said drops. You can check the drops that you can receive from each stage by clicking on them. As a general rule of thumb, we recommend always leaving your characters at stages where they can grind for experience books. That way, you can log off for the night, and wake up to hundreds of books just sitting there waiting to be used to strengthen your characters.

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