Tencent Game Threat Seen Overdone in NetEase s $8 Billion Selloff bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
THE $8-billion wipeout in NetEase Inc.’s market value over the past three weeks on concerns of competition from a new Tencent Holdings Ltd. game ignores the company’s strong market position in China. Bulls believe that NetEase will rebound, thanks to the massive popularity of its Eggy Party, as well as…
"The music industry has been the fastest growing entertainment segment in China with 140% revenue growth between 2019 and 2023," Morgan Stanley estimates.
Bilibili (BILI) Mentioned Cautiously at Morgan Stanley streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.