Despite positive signals from the Chinese authorities, including verbal announcements and the expedited approval of game licenses in December, stocks related to the online gaming industry in China continued to decline on Monday. However, the capital market confidence does not appear to have quickly reversed.
Hong Kong stocks are closed for Christmas, and trading in Tencent and NetEase stocks is temporarily suspended today.
patricklowck123 : When predictability ,confidence and trust are decimated it will be very difficult to regain back cause money is involved in investment and risk factors are being taken seriously ..it will take lot of time and effort to repair the damage done...hopefully
102431739 patricklowck123 : how many times have they screwed their own companies and investors' confidence .. education companies, tech , gaming , mobility... so many job losses and so much value wiped off.