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NetEase Inc

China’s potential new gaming rules will hit smaller developers more

by Walter Watson
China’s potential new gaming rules will hit smaller developers more

Mobile 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 large ones, …

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Buy this Chinese internet stock that suffered sell-off

by Walter Watson
Buy this Chinese internet stock that suffered sell-off

NetEase got beat up amid concerns over proposed guidelines in China on gaming benefits. But Morgan Stanley doesn’t see that as a reason to flee. U.S.-listed shares of the Chinese …

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Tencent, NetEase shares plummet on new China online gaming guidelines

by Walter Watson
Tencent, NetEase shares plummet on new China online gaming guidelines

China’s first offline esports experience hall Tencent V-Station, Shanghai, China, October 31, 2020. Costfoto | Future Publishing | Getty Images Tencent and NetEase shares plunged on Friday after Beijing released …

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TikTok owner ByteDance axes hundreds of jobs in gaming unit

by Walter Watson
TikTok owner ByteDance axes hundreds of jobs in gaming unit

Sheldon Cooper | LightRocket | Getty Images TikTok parent company ByteDance is cutting hundreds of jobs in its gaming division, a person familiar with the matter told CNBC, marking a …

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Public gaming companies sit on $45 billion cash hoard, Konvoy says

by Ron Morgan
Public gaming companies sit on  billion cash hoard, Konvoy says

Gamers play the video game “Star Wars Battlefront II” during the “Paris Games Week” on Oct. 31, 2017. Chesno Publicly listed gaming companies are sitting on a $45 billion pile …

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AllianceBernstein name Chinese internet stocks to watch

by Walter Watson
AllianceBernstein name Chinese internet stocks to watch

Several stocks are set to benefit from the “relentless pursuit of eyeballs” in the Chinese internet sector, according to analysts at asset management firm AllianceBernstein. “Our most memorable takeaway from …

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China’s big internet names mostly beat. Here’s what analysts expect

by Walter Watson
China’s big internet names mostly beat. Here’s what analysts expect

Chinese internet tech companies Alibaba , Tencent and Baidu have reported solid quarterly earnings this month with little to show for it in market performance. Tencent has fallen for four …

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BofA names stocks with ‘triple momentum’

by Walter Watson
BofA names stocks with ‘triple momentum’

Analysts at Bank of America screened for “triple momentum” stocks based on their momentum in three areas: earnings, price and positive news. Earnings momentum refers to the change in consensus …

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China floats two-hour daily limit of smartphone screen time for kids

by Walter Watson
China floats two-hour daily limit of smartphone screen time for kids

The powerful Cyberspace Administration of China proposed rules that would limit the screen time of children aged under 18 years old. Real444 | E+ | Getty Images Chinese regulators have …

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