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A mobile phone is displaying the screen of Tencent Games company’s stock plunge in Suqian, Jiangsu Province, China, on December 22, 2023. Costfoto | Nurphoto | Getty Images…
Read more Tencent, NetEase shares rebound after China regulator's assurance on new rulesMobile games in China range from League of Legends-like Honor of Kings to Source: Apple Inc. BEIJING — China’s proposed gaming rules would hit smaller developers more than…
Read more China's potential new gaming rules will hit smaller developers more, analyst saysTencent lost about $43.5 billion in market value on Friday after China surprised financial markets with a fresh set of rules aimed at curbing excessive gaming and spending.…
Read more Tencent loses over $43 billion in market value after China proposes new online gaming rulesThe music industry is set for a radical shift due in part to generative AI, according to Goldman Sachs , which described the new technology as providing “significant…
Read more Goldman Sachs says A.I. will ‘super-charge’ music creation and names 5 stocks to buyExplosive growth fueled by a growing game library and artificial intelligence integration could lift NetEase ‘s shares 38%, according to Bernstein. The firm initiated coverage of the video…
Read more A video game developer with nearly 40% upside because of A.I. opportunity, according to BernsteinPeople wearing face masks crossing a street at Hong Kong’s Wan Chai district on Feb. 16, 2021. Zhang Wei | China News Service | Getty Images Hong Kong’s…
Read more Hong Kong stocks enter bear market territory as China reopening optimism continues to fadeAn Activision Blizzard’s Call of Duty: Modern Warfare video game is inserted into the Microsoft’s Xbox One video game console arranged in Denver, Colorado, on Wednesday, Jan. 19,…
Read more Microsoft’s $69 billion Activision takeover in doubt as UK regulator raises competition concernsHONG KONG (AP) — China games company NetEase Inc. has rejected a proposal from World of Warcraft creator Activision Blizzard to temporarily extend its partnership while the U.S.…
Read more China’s NetEase criticizes Blizzard offer as unequal, unfairShoppers walk through a street market in Hong Kong, China, on Sunday, Jan. 30, 2022. Photographer: Chan Long Hei/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images…
Read more Hong Kong stocks off to best start since 2018 on China recovery hopesChinese e-commerce giant Alibaba was one of the 100 over companies that had faced the risk of delisting in the U.S. in 2024 if it did not hand…
Read more Investments are set to flow back into China as tech giants avoid U.S. delisting, government pledges policy support, says investment managerChinese regulators have increased scrutiny on the domestic game sector over the past year and a half. But new batches of game approvals and positive steps on improving…
Read more China is showing signs its intense crackdown on the video game sector is easing
