|Day Low/High||231.86 / 239.32|
|52 Wk Low/High||184.60 / 329.00|
The regulator approved 95 games, including some from Tencent and NetEase.
Game makers like Activision Blizzard, EA and Take-Two face onerous barriers to entry in China, but some appear tentatively optimistic about progress on trade talks.
The Chinese Internet giant is poised to pop above its monthly risky level at $240.74, which would give NetEase upside to its annual risky level at $292.19.
BEIJING, Feb. 20, 2019 /PRNewswire/ -- NetEase, Inc.
After many years of trying to compete in China, Amazon is reportedly in talks to merge its Chinese operations with those of a bigger local player.
The Daily Sentiment Index for the S&P pushed up to 88 on Friday and readings over 80 are yellow flags.
Fears about Fortnite's impact did a number on gaming stocks following Electronic Arts' and Take-Two's earnings reports. However, the industry is still poised to see long-term growth.
The Shanghai-based company received a $317 million investment from Tencent in 2018 and recently added a business collaboration with Taobao Marketplace.
Xtrackers Harvest CSI 300 China A-Shares is the purest China ETF play, though there are others to consider, too.
BEIJING, Jan. 30, 2019 /PRNewswire/ -- NetEase, Inc.
GUANGZHOU, China, Jan. 29, 2019 /PRNewswire/ -- NetEase Games, the online games division of NetEase, Inc.
Tencent, one of the two largest Chinese video game makers, is set to rise after winning a license from the Chinese government to roll out new games.
For the most part I am not a huge fan of the group longer-term, although I have warmed up to a few of the stocks in recent months.
SHANGHAI, Jan. 10, 2019 /PRNewswire/ -- Blizzard Entertainment, Inc.
The Dow surged Wednesday in a post-Christmas comeback that saw it gain more than 1,000 points, the largest point gain in a single day of trading. December has been a rough month for stocks, with markets having previously wiped out all their gains for the year.
Online video gaming has become a giant business, with entire ecosystems built around publishing and merchandising.
We finally had a positive breadth day, even if the close was awful.
I can’t tell you that today was bullish and gave us a terrific buying opportunity, nor can I say this week’s action was all negative.
My patience paid off and breadth rewarded us with the best day in six weeks.
BEIJING, Nov. 14, 2018 /PRNewswire/ -- NetEase, Inc.
- Capital Infusion Aids Strategy to Create Largest Interactive Community for Music Lovers in China - BEIJING, Nov.
HANGZHOU, China, Nov. 5, 2018 /PRNewswire/ -- NetEase, Inc.
BEIJING, Oct. 24, 2018 /PRNewswire/ -- NetEase, Inc.
Unlike Spotify, Tencent Music is highly profitable and has exclusive licensing deals with top music labels. It also has some other big advantages.
There's an opportunity for investors in a few, small speculative Chinese names. Consider playing the space this way.
While 'low-risk' software and Internet companies are being richly valued, chipmakers and Chinese tech firms now sport attractive valuations.
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