To The Moon

The mobile version of WeGame, the video game portal that was Tencent Holdings' answer to Steam, will cease operations in two months, in a fresh sign that business prospects in the world's largest gaming market have become bleaker under Beijing's tightened scrutiny.The WeGame app, as well as its in-app version on Tencent's super app WeChat, will stop its service starting from September 8 because of "changes in business development strategy", the app's operation team said in a notice issued on Tuesday.WeGame stopped accepting new user registrations on Tuesday, and people will no longer be able to download the app from July 15, according to the notice.Do you have questions about the biggest topics and trends from around the world? Get the answers withSCMP Knowledge, our new platform of curate

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The biggest mystery discovered this year is that no matter how bad the economy is, the stock market is bound to rally at the end of the month. We can turn over the K line at the end of January, February and March, very magical. Some people have done relevant research statistics, found that the last day of the month and the next three days of the next month, stock prices and earnings tend to rise. From 1987 to 2005, all of the excess market gains occurred within this four-day range. So don't ask why FB is up 17%. I wouldn't be surprised if the market continued to rise tonight, even though earnings and the economic outlook are still pretty bleak.$Meta Platforms, Inc.(FB)$ The big difference between this week's trading results and last we