OursBlue
2023-12-27

On Wednesday, NetEase shares surged as much as 10% in early trading as Hong Kong markets returned from the Christmas holidays. Rival Tencent climbed almost 4.6% in early trading.

China’s top gaming regulator said it will “carefully study” the concerns of all stakeholders on draft rules aimed at curbing excessive online gaming and spending.

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Comments

  • JudithGrant
    2023-12-27
    JudithGrant
    The positive share price movement of NetEase and Tencent in response to China's gaming regulator's pledge to consider stakeholders' concerns on proposed gaming regulations indicates investor optimism in the companies' ability to navigate potential changes in the industry.
  • yansuji
    2023-12-27
    yansuji
    Game on! 🎮+💰 = 🚀
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