102431739
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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.
$NTES-S (09999.HK)$ $NetEase (NTES.US)$ $Tencent (TCEHY.US)$ $TENCENT (00700.HK)$ $Online Games (LIST0608.SH)$ $Microsoft (MSFT.US)$ $Electronic Arts Inc (EA.US)$ $UBISOFT ENTERTAINMENT UNSP ADR EACH REPR 1/5 ORD (UBSFY.US)$
Hong Kong stocks are closed for Christmas, and trading in Tencent and NetEase stocks is temporarily suspended today.
$NTES-S (09999.HK)$ $NetEase (NTES.US)$ $Tencent (TCEHY.US)$ $TENCENT (00700.HK)$ $Online Games (LIST0608.SH)$ $Microsoft (MSFT.US)$ $Electronic Arts Inc (EA.US)$ $UBISOFT ENTERTAINMENT UNSP ADR EACH REPR 1/5 ORD (UBSFY.US)$
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102431739
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'The government prefers publishers to earn profits through fair practices and product innovation'
China approved 105 domestic games on Monday, the latest indication that Beijing is softening its stance after its move to tighten industry restrictions led to a US$80 billion rout last week.
The titles included those operated by Tencent Holdings and NetEase Inc, China’s two leading game publishers that have been pummeled by Beijing’s new ...
China approved 105 domestic games on Monday, the latest indication that Beijing is softening its stance after its move to tighten industry restrictions led to a US$80 billion rout last week.
The titles included those operated by Tencent Holdings and NetEase Inc, China’s two leading game publishers that have been pummeled by Beijing’s new ...
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102431739
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According to the position report for the fourth quarter of 2022 submitted by Point 72 Hong Kong, a hedge fund owned by Steven Cohen, a famous Wall Street financial giant, $Alibaba (BABA.US)$ ranked the first in its heavy holdings, with a position of about 706300 shares and a market value of about $62.215 million, accounting for 20.41% of the investment portfolio, an increase of 51% compared with the number of positions held in the previous quarter, and ...
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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.