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2021 Sees Online Donut Charity
2021 Sees Online Donut Charity
Shenzhen, ChinaAnd the May 20 2022 /PRNewswire/ – Thanks to internet technology, online philanthropy is growing in popularity in China.
Speak at Good China Internet Conference Day May 20The tenthWang Aiwen, Vice Minister China The Ministry of Civil Affairs, said that in 2021, nearly all netizens donated 10 billion yuan Through charities and online channels, an increase of 18% over the previous…
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NewsnReleases.com: Your Ultimate Source for Gaming and Technology News
If you are a gaming enthusiast or a tech-savvy person, you must have heard of NewsnReleases.com. It is a website that provides you with the latest and most comprehensive news, reviews, and features on video games, esports, and technology. Whether you are interested in Video Games News, PC Gaming, Mobile Gaming, Console Gaming, or VR Gaming, NewsnReleases.com has something for you.
NewsnReleases.com is a news website for gamers, developers and investors. It covers real time developments and news in the gaming software and game developer companies, such as new game launches, upcoming game launches, gaming news, ps5 news, video game news, and more. You can also find out about the leading game development companies, as well as the mergers and acquisitions in the gaming software development universe.
NewsnReleases.com is your ultimate source for gaming and technology news. It is updated daily with fresh and original content, written by a team of passionate and knowledgeable writers. You can also interact with other users and share your opinions and feedback on the website. NewsnReleases.com is more than just a website, it is a community of gaming and technology lovers.
So what are you waiting for? Visit NewsnReleases.com today and stay updated with the world of gaming and technology. You will not regret it. NewsnReleases.com is the website for you.
Top five game development companies in the world:
According to a list of the largest video game companies by market cap as of November 2023, the top five game development companies in the world are:
Microsoft (MSFT): The American technology giant owns the Xbox console and several game studios, such as 343 Industries, Bethesda, and Mojang. Its market cap was $3.029 trillion USD as of November 2023. Some of its most popular games are Halo Infinite, Minecraft, and Forza Horizon 5. Microsoft also offers the Xbox Game Pass subscription service, which had 25 million subscribers as of March 2023.
Tencent (TCEHY): The Chinese internet conglomerate owns stakes in many game developers and publishers, such as Riot Games, Epic Games, and Activision Blizzard. Its market cap was $329.92 billion USD as of November 2023¹. Some of its most popular games are League of Legends, PUBG Mobile, and Honor of Kings. Tencent also operates the WeGame platform, which had over 300 million users as of June 2021.
Sony (SONY): The Japanese electronics giant owns the PlayStation console and several game studios, such as Naughty Dog, Insomniac Games, and Santa Monica Studio. Its market cap was $104.89 billion USD as of November 2023. Some of its most popular games are God of War, Spider-Man, and Uncharted. Sony also offers the PlayStation Plus and PlayStation Now subscription services, which had 47.4 million and 3.2 million subscribers respectively as of March 2023.
NetEase (NTES): The Chinese internet company develops and publishes games for PC and mobile platforms, such as Fantasy Westward Journey, Onmyoji, and Knives Out. Its market cap was $72.41 billion USD as of November 2023. NetEase also operates the NetEase Cloud Music streaming service, which had over 200 million users as of December 2020.
Nintendo (7974.T): The Japanese gaming company is known for its iconic franchises, such as Mario, Zelda, and Pokemon, and its innovative hardware, such as the Switch and the 3DS. Its market cap was $64.85 billion USD as of November 2023¹. Some of its most popular games are Animal Crossing: New Horizons, Mario Kart 8 Deluxe, and Pokemon Sword and Shield. Nintendo also offers the Nintendo Switch Online subscription service, which had 36 million subscribers as of March 2023.
Cyberpunk
Cyberpunk is a genre of science fiction that depicts a dystopian future where advanced technology coexists with social decay and inequality. Some of the common themes and elements of cyberpunk are artificial intelligence, cyberware, hacking, megacorporations, and urban sprawl.
Cyberpunk is also the name of a popular video game series, based on a tabletop role-playing game, that takes place in the fictional Night City, a sprawling metropolis in California. The latest installment, Cyberpunk 2077, was released in 2020 and features a customizable protagonist named V, who is a mercenary involved in various quests and conflicts in the city. Cyberpunk 2077 also has an expansion pack called Phantom Liberty, which adds new storylines and features to the game.
The company that made Cyberpunk is CD Projekt Red, a Polish video game developer and publisher. CD Projekt Red is also known for creating the critically acclaimed The Witcher series, based on the novels by Andrzej Sapkowski. Cyberpunk 2077, the latest installment in the Cyberpunk series, was released in 2020 and is based on the tabletop role-playing game Cyberpunk by Mike Pondsmith.
Cyberpunk 2077: Phantom Liberty is a new spy-thriller expansion for the open-world action-adventure RPG Cyberpunk 2077. It was released on September 25, 2023 by CD PROJEKT RED. In this expansion, you return as cyber-enhanced mercenary V and embark on a high-stakes mission of espionage and intrigue to save the NUS President. You must forge alliances within a web of shattered loyalties and sinister political machinations in the dangerous district of Dogtown.
Phantom Liberty adds new features, locations, characters, weapons, and quests to the base game of Cyberpunk 2077. It also unlocks a new ending for the main story campaign, which you can only access by completing the expansion. Phantom Liberty is praised for its gripping story, immersive gameplay, and improved performance. It is available for $29.99 on Steam and other platforms.
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Tencent Holding (TCEHY) Q1 2023 Earnings Call Transcript
Tencent Holding (OTC: TCEHY) Q1 2023 earnings call dated May. 17, 2023
Corporate Participants:
Wendy Huang — Investor Relations
Pony Ma — Chief Executive Officer
Martin Lau — President
James Mitchell — Chief Strategy Officer
John Lo — Chief Financial Officer
Analysts:
Alicia Yap — Citigroup — Analyst
Alex Yao — JPMorgan — Analyst
Ronald Keung — Goldman Sachs — Analyst
Kenneth Fong — Credit Suisse…
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Market Movers: February 22, 2023
Most Active Big Board Stocks
TSLA, SPY, LLAP, SQQQ, AMZN, NVDA, AAPL, INTC, TQQQ, QQQ
Biggest Big Board Gainers
GMBL, AMST, LUNR, ECX, LLAP, LUNRW, OCEA, WINT, CVRX, LAZR
Biggest Big Board Decliners
LIVN, QNRX, FAMI, SRNE, TILE, ATNM, ZIP, EQC, RELI, VLON
Most Active OTCs
TCEHY, DIDIY, GBTC, LKNCY, RHHBY, ETHE, NTDOY, CLNV, RYCEY, HESAY
Biggest OTC Gainers
FAGI, AMIH, HMBL, HGTXU, CYDY,…
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China's economy is 'in deep trouble' as Xi heads to Communist Party congress - CNN
"...A sweeping crackdown by Beijing on the country's private sector, that began in late 2020, and its unwavering commitment to a zero-Covid policy, have hit the economy and job market hard.
"If anything, Xi's leadership may have dampened some of the country's growth dynamic," Opper said.
More than $1 trillion has been wiped off the market value of Alibaba (BABA) and Tencent (TCEHY) — the crown jewels of China's tech industry — over the last two years. Sales growth in the sector has slowed, and tens of thousands of employees have been laid off, leading to record youth unemployment.
The property sector has also been bludgeoned, hitting some of the country's biggest home developers. The collapse in real estate — which accounts for as much as 30% of GDP — has triggered widespread and rare dissent among the middle class.
Thousands of angry homebuyers refused to pay their mortgages on stalled projects, fueling fears of systemic financial risks and forcing authorities to pressure banks and developers to defuse the unrest. That wasn't the only demonstration of discontent this year.
In July, Chinese authorities violently dispersed a peaceful protest by hundreds of depositors, who were demanding their life savings back from rural banks that had frozen millions of dollars worth of deposits. The banking scandal not only threatened the livelihoods of hundreds of thousands of customers but also highlighted the deteriorating financial health of China's smaller banks.
"Many middle-class people are disappointed in the recent economic performance and disillusioned with Xi's rule," said David Dollar, a senior fellow in the John L. Thornton China Center at the Brookings Institution.
According to analysts, the vulnerabilities in the financial system are a result of the country's unfettered debt-fuelled expansion in the previous decade, and the model needs to change..."
GOP trolls on Twitter currently staying China is not in any trouble, but there's clear signs they are. Not even mentioned in this article is the slowed down birth rate.
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Why Futu And UP Fintech Stocks Are Plunging Today? - Futu Holdings (NASDAQ:FUTU), UP Fintech Holding (NASDAQ:TIGR)
Why Futu And UP Fintech Stocks Are Plunging Today? – Futu Holdings (NASDAQ:FUTU), UP Fintech Holding (NASDAQ:TIGR)
Tencent Holding Ltd TCEHY backed Chinese online broker Futu Holdings Limited FUTU unexpectedly deferred its Hong Kong listing less than a day before its anticipated debut on December 30.
Futu said it was “clarifying certain matters” with the Hong Kong Stock Exchange.
Futu was the latest U.S.-listed Chinese firm to bid to dual list its shares in Hong Kong to reach a broader investor base and…
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China's Economy is Getting Better, but it's not in the Clear yet
Tech rally
The slowdown in China's economy has largely been a self-inflicted headache, spurred by President Xi Jinping's clampdown on private enterprises, a campaign to contain excessive borrowing by real estate developers, and a relentless commitment to a zero-Covid policy.
There are indications that the regulatory nightmare that tech companies face could be over. In the last week, The Wall Street Journal reported that Beijing's cybersecurity review of Didi was about to wrap up. This will allow Didi to return to China's app stores almost one year after he was fired for data privacy violations.
Didi's shares rose 24% Monday on Wall Street after the report.
Other media reports this week suggested an easing in the crackdown. On Thursday, Bloomberg said Chinese regulators have started early stage discussions on a potential revival of Ant Group's IPO and citing sources who are well-versed in the subject. Reuters reported on Thursday that Ant the company that owns the popular Alipay app, plans to submit a preliminary prospectus in order to launch the offering as early as next month.
Jack Ma was set to record a milestone by launching an IPO worth $37 billion for the Alibaba affiliate in Shanghai, Hong Kong and Hong Kong in November 2020. But China abruptly halted the Ant deal days before the stock was set to begin trading, a move that marked the start of a regulatory offensive that engulfed the internet industry during the year that came.
China's status as an investment-unfriendly country could be revived
Ant Group said Thursday that it "currently does not have a plan to initiate an IPO." The China Securities Regulatory Commission added that it hasn't conducted any research on the possibility of a new Ant IPO.
Alibaba (BABA), shares have been tossed around in news, but are still up 18% on Wall Street this week.
The stock of Hong Kong has risen for five consecutive sessions and is currently up 22% week-to week. This is the top weekly performance since Alibaba's secondary listing in 2019.
In recent weeks in recent weeks, the Chinese government has offered further assistance to the tech industry. Regulators have announced that they will be able to help foreign listings of tech companies.
And on Tuesday, authorities handed out 60 new gaming licenses following an extended freeze of. Tencent (TCEHY), China's largest gaming company, rose more than 6% after the news.
The Hang Seng Tech Index, which is a measure of 30 of the biggest Chinese tech stocks in Hong Kong is up 10 percent this week.
Trade grows
China also released strong trade figures for the month of May, following a dip in April. Exports rose 16.9 percent in May compared to April's 3.9 percent growth.
In the meantime, imports grew for the first time in three months.
"The restart in Shanghai of China's biggest port port in China in the last week in May was the primary reason behind both the rise in imports and exports," said Iris Pang chief economist for Greater China at ING Group.
Shanghai was under strict lockdown since March, forcing factories and shipping delays.
Shanghai is finally "reopening" however the trauma of lockdown lives on
VesselsValue, an information firm that provides shipping information, stated earlier this week that the Shanghai port's congestion is now "back-to-normal". The average wait time has shortened to 28 hours, as compared to 66 hours the middle of April.
Premier Li Keqiang called on local government officials on Wednesday to improve logistics and transportation, and protect supply chains. He reiterated previous calls for China to improve its economic growth and decrease unemployment in the second quarter.
The country's cabinet, the State Council, released a new package of 33 stimulative measures last week to boost growth. It included the equivalent of tens of millions of dollars in additional tax cuts and infrastructure spending.
Is this enough?
Free51
But analysts remain cautious.
The trade data for May doesn't change "the general consensus that China's trade surplus will continue to shrink," as demand for Chinese exports declines due to an economic slowdown in the world, HSBC analysts said on Thursday.
The World Bank warned earlier this week that there are increasing risks of stagflation within the global economy. The World Bank is now predicting that global growth will plummet from 5.7 percent in 2021 to 2.9% in 2022. This is considerably less than the 4.1 percent forecast in January. Global inflation, however will likely to remain above target in many economies, the bank said.
Analysts at HSBC said that Beijing's push for property and infrastructure investment is likely to increase China's imports of commodity and contribute to the country's inflation problems.
"As the prices for commodities remain high the imports will be expensive for China," they said.
Shanghai neighborhoods return to lockdown the same day restrictions were eased
China's adherence to a policy of strict Covid restrictions also remains an important risk.
According to the state-owned Xinhua News Agency, President Xi Jinping stated Wednesday that the nation must be acquiescing "unwaveringly" to its zero Covid strategy. He also urged officials to boost the economy.
As the authorities prepare for tests in mass after the lifting of Covid restrictions on the majority of Shanghai's 25 million inhabitants, a growing number of Shanghai areas will be placed under temporary lockdown.
The largest Chaoyang District in Beijing also announced Thursday that all entertainment venues would be shut down, days after they were granted permission to open again.
"Markets have naively assumed that China was one and finished with Beijing and Shanghai," said Jeffrey Halley the senior market analyst for Oanda, on Thursday.
"Covid-zero isn't going away in China and neither is the virus. He also said that the possibility of China's economic activity declining and extended restrictions returning is still very likely."
- CNN's Beijing bureau contributed to this report.
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Market Movers: December 14, 2022
Market Movers: December 14, 2022
Most Active Big Board Stocks
TSLA, SPY, TQQQ, SQQQ, AAPL, AMZN, QQQ, NVDA, MSFT, SOXL
Biggest Big Board Gainers
CORZ, ICVX, VLON, RNA, SISI, BIVI, ELYS, CABA, GRTS, GAME
Biggest Big Board Decliners
DS, NCPL, BTB, OPGN, MLGO, ASPU, GETR, VS, TIL, SMMT
Most Active OTCs
GBTC, TCEHY, DIDIY, ETHE, NSRGY, RHHBY, CURLF, GTBIF, ADYEY, CRLBF
Biggest OTC Gainers
AGSS, UCLE, CGRA, GVSI, SITS, HMBL,…
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How to Buy Tencent Stock in China? What is The Best Place to Open an Account?
By; biyapay.io
Tencent is arguably the most influential internet firm in China, as one can hardly go by a day without using its products.
Tencent is the world's largest video game vendor and owns the world's top-grossing mobile game-Honor of Kings.
How to buy it?
Compare share trading platforms.
Here are some of the best brokerages you can choose from:
TD Ameritrade - Since 1999, TD Ameritrade has been helping investors protect their hard-earned money by offering low commissions and no account minimums.
Suppose you're looking for a broker for you to do trade. This is for you.
But in TD Ameritrade, you need to have a bunch of requirements and follow the rules before you use it.
Unlike BIYAPAY, This App does not need to have a bunch of requirements. You are good with just a few pieces of information and one-minute registration.
You just need to pass the KYC authentication.
Then open your brokerage account.
Complete the application with your details.
Sign up and register on BIYAPAY https://www.biyapay.io/how-to-biya/
Confirm your payment details.
Fund your account.
Research the stock.
Find the stock by name or ticker symbol – TCEHY – and research it before deciding if it's a good investment.
That's how great BIYAPAY is!
No other best platform is made than BIYAPAY.
Just simply go to a few information and register.
Now you can start your trading journey.
Yes, you read it right! Easy as that.
What is the best place to open an account?
The answer is BIYAPAY.
Why?
BIYAPAY is the simplest and best way to buy or trade stocks. In BIYAPAY, you can do all you want in your stocks and buying.
You just need to register first at https://web.biyapay.co/register?invite=99612723 and have some requirements and some to fill out, and then you're good to go!
In BIYAPAY, you don’t need many requirements, just a few pieces of information and one-minute registration, and you're done.
You just need to pass the KYC authentication and unlimited no, limited money transfer.
BIYAPAY has simple yet convenient features:
1. There are no requirements for users trading US/Hong Kong stock and open accounts. You just only need to pass through our KYC AUTHENTICATION
2. WE OFFER UNLIMITED REMITTANCE
3. WE ALSO ACCEPT USDT DEPOSIT
Because in BIYAPAY, all the stocks you need are listed.
For stocks, you need to buy Tencent stocks or stocks you need to trade Tencent stocks, in BIYAPAY is simple to click and click and accept.
All the stocks you need are easy to access.
You don't need to bother yourself to buy the stocks you need; just use BIYAPAY as your platform, and you can find all the stocks you need.
In BIYAPAY, all trading and buying the stock you need is so easy in any part of the world or wherever you are.
So if you are looking for a partner or platform that helps you make your money and stocks grow.
BIYAPAY is the right choice for you, don't hesitate to use BIYAPAY.
BIYAPAY is made for you to be the best trader in the world.
No hassle
It no hard to get
It is simply to find stocks you need and start buying or trading them, and you’re done!
You can save as low as a 1% charge fee for a minimum of 20$ transaction.
You can check the eligibility of BIYAPAY all here https://www.biyapay.io/about-us/. All you need to know is easy to access here.
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How to Buy Tencent Stock in China?
By; biyapay.io
Tencent is arguably the most influential internet firm in China as one can hardly go by a day without using its products.
Tencent is the world's largest video game vendor and owns the world's top-grossing mobile game--Honor of Kings.
How to buy it?
Compare share trading platforms.
Comparison table to help you find a platform that fits you.
Like Binance,
Binance is a cryptocurrency exchange that is the largest in the world in terms of the daily trading volume of cryptocurrencies.
It was founded in 2017 and is registered in the Cayman Islands.
But in Binance, you need to have a bunch of requirements and to follow rules before you use them.
Unlike BIYAPAY, This App does not need to have a bunch of requirements. Just a few pieces of information, one-minute registration, and you are good.
You just need to pass the KYC authentication.
Then open your brokerage account.
Complete the application with your details.
Simple sign up and register in BIYAPAY https://www.biyapay.io/how-to-biya/
Confirm your payment details.
Fund your account.
Research the stock.
Find the stock by name or ticker symbol – TCEHY – and research it before deciding if it's a good investment for you.
That's how great BIYAPAY is!
No other best platform is made than BIYAPAY. Just simply go to a few information and register. Now you can start your trading journey.
Easy as that!
What is the best place to open an account?
The answer is BIYAPAY.
Why?
BIYAPAY is the simplest way and best way to buy stocks or trade them, in BIYAPAY you can do all you want in your stocks and your buying.
Just need to register first at https://web.biyapay.co/register?invite=99612723 and have some requirements and some to fill out and then you're good to go!
Because in BIYAPAY all the stocks you need are all listed.
For stocks you need to buy Tencent stocks or stocks you need to trade Tencent stocks, in BIYAPAY is simple to click and click and accept.
All the stocks you need are easy to access.
You don't need to bother yourself to buy the stocks you need, just simply use BIYAPAY as your app or platform, and you can find all the stocks you need.
In any part of the world or wherever you are, in BIYAPAY all trading and buying stock you need is so easy.
So if you are looking for a partner or platform that helps you make your money and stocks grow.
BIYAPAY is the right choice for you, don't hesitate to use BIYAPAY.
BIYAPAY is made for you to be the best trader in the world.
No hassle
No hard to get
It is simply to find stocks you need and start buying them or trading them and you’re done!
You can check the eligibility of BIYAPAY all here https://www.biyapay.io/about-us/ all you need to know is easy to access here.
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China's Economy is Looking Better, but it's not in the Clear yet
Tech rally
The slowdown in China's economy is largely a self-inflicted problem. It was caused by President Xi Jinping's clampdown on private enterprise, a campaign against excessive borrowing by real estate developers, and a continuous adhering to zero-Covid policies.
However, there are some indications that the regulatory nightmare for tech companies could be coming to an end. In the last week, The Wall Street Journal reported that Beijing's review of cybersecurity of Didi was about to conclude. This will allow Didi to return to China's app stores almost one year after being fired for data privacy violations.
Didi's shares increased by 24% Monday on Wall Street after the report.
Other reports in the media this week suggested a slowdown in the crackdown. Bloomberg reported Thursday that Chinese regulators had started early stage discussions about a possible revival of Ant Group's IPO. The report was based on people who were familiar with. Reuters reported on Thursday that Ant the owner of the well-known Alipay app, is planning to submit a preliminary prospectus in order to launch the offering in the next month or so.
Jack Ma was about to record a milestone with a planned $37 billion IPO for the Alibaba affiliate in Shanghai and Hong Kong in November 2020. China blocked the Ant deal just a few days before it was scheduled to trade. This was the start of a regulatory offensive that took over the internet sector for the next year.
"Uninvestable" China could make an appearance
Ant Group stated Thursday that it has no plans to launch an IPO. The China Securities Regulatory Commission added that it has not conducted any research work regarding the possibility of an Ant IPO.
Alibaba (BABA) Shares of Alibaba (BABA) have been tossed around in the news, but are still up 18 percent on Wall Street this week.
In Hong Kong, meanwhile, the stock has been rising for five consecutive sessions and is currently up 22% this week , which is the best weekly performance since Alibaba's secondary listing in Hong Kong in the year 2019.
In recent weeks, the Chinese government has offered further relief for the tech sector. Regulators have announced that they would support overseas listings of tech companies.
And on Tuesday, authorities handed out 60 new gaming licenses following a months-long freeze. Tencent (TCEHY), China's largest gaming company, increased its share by more than 6% in the wake of the news.
The Hang Seng Tech Index, which is a measure of 30 of the biggest Chinese tech stocks in Hong Kong is up 10% this week.
Trade increases
China also released strong trade figures for May, following a decline in April. Exports increased 16.9 percent in May, compared to April's 3.9 percent growth.
In the meantime, imports increased for the first time in three months.
"The growth in both imports and exports was due in large part to the reopening of the port of Shanghai the largest port in China in the final week of May," said Iris Pang, chief economist for Greater China at ING Group.
Shanghai was under a strict lockdown since March's end which forced factories to shut and causing significant shipping delays.
Shanghai is finally 'reopening, but the repercussions of lockdown is still lingering
Congestion at the Shanghai port is "back to normal,"" VesselsValue, a shipping data company, said earlier this week. The average waiting time has decreased to 28 hours from 66 in April.
Premier Li Keqiang called on local officials of the government Wednesday to improve transportation and logistics and ensure supply chains are protected. He reiterated his previous calls for China to boost its economic growth and reduce unemployment in the second quarter.
Cabinet members of the country, the State Council, released a new set of 33 stimulative measures last week to boost growth. It included hundreds of millions of dollars of tax cuts and infrastructure investment.
Is enough?
But analysts remain cautious.
The trade data from May does not change "the general consensus that China's trade surplus is going to shrink," as demand for Chinese exports declines due to a slowing global economy, HSBC analysts said on Thursday.
The World Bank warned earlier this week that there is an increasing risks of stagflation in the global economy. It now expects global growth to slump from 5.7 percent in 2021 to 2.9% in 2022, significantly lower than the 4.1% that was anticipated in January. Global inflation, however, is likely remain higher than the target in a number of economies, according to the bank.
Analysts at HSBC stated that Beijing's push for property and infrastructure investment is expected to boost China's imports of commodities and contribute to the country's inflation issues.
SERVERS
They said that China's imports of commodities will continue to be expensive due to the high prices of commodities.
After restrictions were lifted, Shanghai neighborhoods go back to lockdown
China's commitment towards tough Covid restrictions is a major risk.
President Xi Jinping said Wednesday that the country must adhere "unswervingly" to its zero-Covid strategy and urged officials to boost the economy, according to state-owned Xinhua News Agency.
As the authorities begin tests in mass after the lifting of Covid restrictions on the majority of Shanghai's 25 million inhabitants, a increasing number of Shanghai areas will be placed under temporary lockdown.
The Beijing authorities in Beijing's biggest Chaoyang district also announced Thursday the closing of all entertainment venues just days after allowing their reopening.
Jeffrey Halley, Oanda senior market analyst, has stated that markets had mistakenly believed that China was only Beijing and Shanghai.
"Covid-zero is going nowhere in China, and nor is the virus. He also said that the possibility of China's economic activity declining and extended restrictions returning is still very high."
This report was contributed by CNN's Beijing bureau in Beijing.
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Market Movers: February 21, 2023
Most Active Big Board Stocks
TSLA, SPY, AAPL, AMZN, NVDA, TQQQ, SQQQ, MSFT, META, GOOGL
Biggest Big Board Gainers
ATLX, ARBE, AMAM, HCDI, VS, KUKE, MOB, LNZA, TRKA, SRNE
Biggest Big Board Decliners
CVRX, TCBP, HLGN, AKBA, GMBL, DFIN, AKAN, DAN, MED, ATNM
Most Active OTCs
TCEHY, DIDIY, GBTC, LKNCY, RHHBY, NTDOY, ETHE, PROSY, BAYRY, NSRGY
Biggest OTC Gainers
MMEX, RAKR, CLNV, AMIH, FUUFF,…
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Tencent Holdings (OTC:TCEHY) – Tencent Suffers Massive Selloff After Alibaba
Tencent Holdings (OTC:TCEHY) – Tencent Suffers Massive Selloff After Alibaba
Tencent Holding Ltd TCEHY shareholders added $7.6 billion in shares to Hong Kong’s clearing and settlement system, spurring speculation that its biggest shareholder, Naspers Ltd NAPRF, offloaded part of its 29% stake, the Financial Times reports.
Earlier, Tencent’s international investment arm Prosus backed out of its pledge not to sell stock in Tencent.
Global investors downsized their…
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Tencent suffers first ever drop in quarterly revenue : Inside US
Tencent suffers first ever drop in quarterly revenue : Inside US
The contraction marks a nadir for the gaming giant and owner of the WeChat messaging platform, which has reported double-digit growth almost every quarter since it went public in 2004, as Beijing’s crackdown on big tech companies that began in late 2020 puts the brakes on its expansion.
Tencent (TCEHY) plans to sell all or a bulk of its $24 billion stake in food delivery firm Meituan to placate…
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Market Movers: November 30, 2022
Market Movers: November 30, 2022
Most Active Big Board Stocks
TSLA, SPY, AAPL, AMZN, SQQQ, XPEV, TQQQ, NIO, QQQ, CRWD
Biggest Big Board Gainers
BPTS, CRBP, SATX, XPEV, TOPS, QTT, HZNP, RADI, TITN, OABI
Biggest Big Board Decliners
TECH, AGLE, CNEY, WISA, ONCS, COSM, HLBZ, GIII, FNGD, XFOR
Most Active OTCs
TCEHY, DIDIY, GBTC, GTII, LKNCY, ETHE, MMTLP, RHHBY, CLNV, NSRGY
Biggest OTC Gainers
BBBT, MJLB, INND, GTII, CRTD, AABB,…
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