Chinese online card and board game developer Ourgame is rumoured to be seeking an IPO on the Hong Kong Stock Exchange.
That deal was labelled "strategic investment", with the two companies looking to generate co-development, co-marketing and co-distribution synergies through their smartphone and PC game businesses.
Ourgame's expertise is providing online casual board and card games in China. It currently operates over 300 titles with cross-platform support for PC and mobile.
Its Dou Dizhu game has been downloaded more than 40 million times on Android in China.
The rumours suggest the company is looking to raise around $150 million.