Free Trial

No Move In HSTech On Game Approvals

CHINA STOCKS

No move in the Hang Seng Tech Index as China announces the approval of 111 video games in February (including a NetEase game).

  • Regulation covering the sector and subsequent game approvals have received a lot of attention in recent months, after the late ’23 draft re: new rules for the space applied pressure to related equity names.
  • That draft was initially watered down and then removed in the wake of the market reaction.
  • RTRS subsequently reported that “China removed an official at a government body overseeing its press and publications regulator … days after Chinese gaming stocks were hit by proposed rules to curb spending on video games.”
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.