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Shares of Tencent, NetEase rise as China gaming crackdown ends

canspiration by canspiration
January 18, 2023
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HONG KONG, Jan 18 (Reuters) – Shares of Tencent Holdings (0700.HK), the world’s largest gaming firm, and smaller rival NetEase Inc (9999.HK) rose on Wednesday after China’s video video games regulator granted the primary gaming licences in 2023, additional easing an trade crackdown.

Tencent’s shares have been set to open up 1.7%, whereas NetEase’s inventory was set to leap 4.8%.

Reporting By Anne Marie Roantree; Enhancing by Jacqueline Wong

Our Requirements: The Thomson Reuters Belief Rules.

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