let's get to our tech group, lulu chen. >> they are targeting a smart phone used for gamers. we are expecting to see more features that are specified where gamers can more conveniently use it on their phones to play mobile games. rishaad: what do we know so far over all? is targeting an ipo as early as october to list in hong kong as early as ober, seeking a range of $3 billion to $5 billion in five ua shannon, and in terms of the banks come in are working with them on the deal. haidi: this would be one of the largest tech debuts in hong kong in recent years. what is the basis of them looking at that valuation? >> the company has three components for revenue, hardware systems, mice, keyboards, the pc. theirave introduced software system that has 35 million users around the world. these people use it for game launchers. recently they introduced their system whereredit gamers can use the virtual money to buy products on its platform. most of all, the hardware initially was a low profit business, but now they are seeing more money coming in by some of the high and products their