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Dec 22, 2023 · Tencent, one of the biggest gaming companies in the world, plummeted 12.4% on Friday in Hong Kong. It was the stock’s worst day since October 2008, during the depths of the global financial ...
Dec 22, 2023 · Tencent, China’s biggest company by market capitalisation, tumbled 12.4 per cent, the sharpest one-day drop for the company in 15 years. Gaming accounts for about 30 per cent of the group’s ...
Dec 22, 2023 · Tencent is the global leader in the sector in terms of revenue, dominating the Asian market and investing in game studios across the world. Friday's news wiped around $54 billion (R995 billion) off the company's share value, according to Bloomberg News. The shockwaves were felt throughout Hong Kong's Hang Seng Index, which dived more than 4%.
Aug 27, 2024 · Around the same time, Chinese tech giants like Tencent and NetEase began developing their own games, leading to a boom in the local gaming industry. The legacy is still felt today.
Aug 21, 2024 · The launch of "Black Myth: Wukong", a Tencent-backed video game, caused significant excitement within the gaming industry [para. 1].The action-adventure role-playing game, available on PC and PlayStation 5 (PS5), is inspired by the Chinese mythical figure Monkey King and the classic novel "Journey to the West" [para.
Aug 20, 2024 · BEIJING, Aug 20 — A new video game title launched today by a Tencent-backed startup has quickly become the most-played game on a major online platform, highlighting growing interest in Chinese-developed titles.
Jan 3, 2024 · Sentiment was hit by the share-price “flash crash” of Dec. 22 but the recent more conciliatory tone from China’s National Press and Publication Administration supports our view the basic ...
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