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CNBC Closing Bell February 21, 2018

Back again, but well confirm or deny it later here yeah. The dows gains up 138now, and still across the board, half a percent higher, russell up more than 1 . Bob has more on Market Reaction, and kayla is in washington with the highlights from the med fins, fin minutes. They acknowledged stronger growth than previously forecasted, but said its policy of gradual rate hikes would sustain the growth saying that strategy remained, quote, appropriate. One reason for the stronger Growth Outlook was th...
United States New York South Korea United Kingdom Rick Santelli Peter Costa

Tencent game threat seen overdone in NetEase's $8B selloff

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…
Hong Kong Xiaofeng Zeng Julia Pan Alex Poon Netease Inc Morgan Stanley

Tencent tries to recover from $200bn antitrust slide

MONEYWEB app instead? Setting out to prove it’s best placed to weather a storm of antitrust scrutiny. By Bloomberg News 20 May 2021  09:40  Image: Qilai Shen/Bloomberg Tencent is setting out to prove it’s best placed to weather a storm of antitrust scrutiny that’s wiped about $200 billion off the value of China’s largest company in a span of months. Its results on Thursday should affirm the resilience of the world’s largest game-publishing business as the pandemic...
Hong Kong Martin Lau Julia Pan Ross Liang Ant Group Co Bytedance Ltd

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Tencent Tries to Bounce Back From $200 Billion Antitrust Slide

May 21 2021, 4:20 AM May 19 2021, 9:30 PM May 21 2021, 4:20 AM (Bloomberg) -- Tencent Holdings Ltd. is setting out to prove it’s best placed to weather a storm of antitrust scrutiny that’s wiped about $200 billion off the value of China’s largest company in a span of months. (Bloomberg) -- Tencent Holdings Ltd. is setting out to prove it’s best placed to weather a storm of antitrust scrutiny that’s wiped about $200 billion off the value of China’s largest company i...
Hong Kong Martin Lau Julia Pan Ross Liang Ant Group Co Bytedance Ltd

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