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The9 Limited Continues Steps into the Blockchain Sector with Investments

NEW YORK, NY / ACCESSWIRE / September 5, 2018 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report on The9 Limited (NCTY), who, together with its subsidiaries, operates as an online game developer and operator in the People's Republic of China. The company offers online games, including massively multiplayer online games, mobile games, Web games, and TV games.

On September 3rd the company announced it signed a definitive agreement with Leading Choice Holdings Limited, a company engaged in the sales and system installation of assembled cryptocurrency mining equipment and provision of cryptocurrency mining equipment hosting and operating services.

Details of this transaction and blockchain investments here READ MORE

Copy and paste to your browser may be required to view the report - https://tradersnewssource.com/the9-limited/

On Tuesday, September 4, 2018, the company shares opened at $1.11 per share and climbed as high as $2.09 during intra-day trading. Trading volume was 8.6 million shares just before market close. NCTY shares normally average about 67K shares traded per day.

According to management, going forward The9 expects to establish a complete ecosystem and business model to serve its blockchain partners' projects more efficiently and effectively.

Get current NCTY financials and a product line review in this report READ MORE

Copy and paste to your browser may be required to view the report - https://tradersnewssource.com/the9-limited/

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SOURCE: Traders News Source

https://www.accesswire.com/511297/The9-Limited-Continues-Steps-into-the-Blockchain-Sector-with-Investments