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AGTech forecasts at least HK$24m interim loss as lottery equipment demand weakens

Deals & M&A

AGTech Holdings forecast an attributable loss of at least HK$24 million for the six months to 30 September 2026, according to its profit warning issued on 30 October. It compared with HK$14.2 million a year earlier; the company attributed the expected decline to weaker demand for hardware in mainland China. The estimates remain preliminary while AGTech completes its interim results.

Weaker mainland China hardware demand is driving AGTech’s expected loss, alerting investors to pressure on interim performance.

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Deals & M&A

Coda partners with TikTok Gaming to sell digital content across five markets

Coda is working with TikTok Gaming to let users in Thailand, Malaysia, Singapore, Indonesia and the Philippines buy digital content through Codashop. Since the initiative launched in mid-June 2026, linked creator videos have generated 1 billion views, with click-through above 5% and about 5% of clicks converting to purchases, Coda said.

Coda has begun working with TikTok Gaming to link content discovery with purchasing for consumers in Southeast Asia. Under the arrangement, TikTok users in Thailand, Malaysia, Singapore, Indonesia and the Philippines can click straight through to Codashop to buy game top-ups, gift cards and other digital goods. Creators can use livestreams and short-form videos to feature listed content, which gives publishers a new way to reach consumers.

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