Game Stocks Rebound as NTES-S Rallies 14% in Morning Session; TENCENT Swells 4%+

China released another batch of over 100 domestic online game approval numbers (banhao) for December. Of which, $TENCENT (00700.HK)$ and $NTES-S (09999.HK)$ 's games were on the list. Online game-related stocks in HK advanced in the morning session.

It was reported that $NTES-S (09999.HK)$ may re-cooperate with Activision Blizzard. $NTES-S (09999.HK)$ opened 13.93% higher and peaked at $139.4, up 14.3%. It last printed at $134.5, up 10.25%. Volume amounted to 9.0891 million shares, involving $1.218 billion.