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Stocks weaken in the final days of 2023, with major onshore benchmarks setting an unwanted string of annual losses. Video-gaming stocks get a reprieve after a major sell-off over the past two trading days.
A re-issue of one of Asia’s most beloved video games is taking the Chinese internet by storm 13 years after its original release, fuelling a wave of nostalgia among the country’s young adults.
June 11, 2021 BEIJING (AFP) – A re-issue of one of Asiaâs most beloved video games is taking the Chinese Internet by storm 13 years after its original release, fuelling a wave of nostalgia among the countryâs young adults. The mobile version of Moleâs World has shot to the top of the free downloads on Appleâs app store and has also been downloaded millions of times on Android phones, boosting the share price of its maker by 25 per cent in the week it was released. First available for PCs in 2008, the farming simulation game features a round-faced creature with a clown n...
Three of China’s billionaire gaming executives have faced investigation, criminal conviction and death, adding to the tumult of the country’s gaming industry. Lin Qi (pic) drew international attention when he died on Christmas from a suspected poisoning. — SCMP A group of Chinese gaming industry executives in their 30s, who had shared a rise in fame and fortune to become the country’s youngest billionaires in recent years, have suffered setbacks and misfortunes in 2020 in another sign of the unpredictability of China’s business world. In the latest case, Wang Yue, the 37-year-old bi...