[Market Focus] Italksi Hits Upper Price Limit on News of "Traha" Launch in China

Italksi surged to its upper price limit early in the trading session.

As of 9:15 a.m. on September 26, Italksi soared by 29.83% (125 won) compared to the previous day, reaching its upper price limit at 544 won.

The surge in investor sentiment is believed to have been sparked by news that the company's massively multiplayer online role-playing game (MMORPG) "Traha" has launched its service in China.

After acquiring the rights to service "Traha" in China and its intellectual property (IP) from Moai Games last year, Italksi signed a revenue-sharing publishing agreement with the mid-sized Chinese publisher Xi'an Sky. The game has had a smooth start, with approximately 280,000 users logging in during the first five days after its launch on September 19.

Italksi plans to publish new titles sequentially in the second half of this year, including the MMORPG "Cheonsangbi K" and the casual idle game "God of High School Raising" (tentative title).