Tencent, Nexon soar after surprise approval for marquee game
Tencent, which developed the title jointly with its Korean partner, gained as much as 5.9% Friday in Hong Kong, its most since July.
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Tencent, which developed the title jointly with its Korean partner, gained as much as 5.9% Friday in Hong Kong, its most since July.
Asian markets rallied Friday, tracking a surge on Wall Street fuelled by bargain-buying from the previous day's sell-off, while strong earnings from tech titans soothed worries about the impact of higher interest rates on bottom lines.
Stocks advance, aided by a twin boost from Beijing’s softening stance on the online video-gaming industry and signs of robust vehicle sales in mainland China.
Asian markets rallied Friday, tracking a surge on Wall Street fuelled by bargain-buying from the previous day's sell-off, while strong earnings from tech titans soothed worries about the impact of higher interest rates on bottom lines.All three main indexes on Wall Street jumped at least one percent and are expected to build on that later in the day, as Facebook parent Meta soared more than 10 percent in after-hours trading in reaction to strong earnings and the announcement of its first quarter
Stock markets rose Friday, tracking a surge on Wall Street fuelled by bargain-buying from the previous day's sell-off, while strong earnings from tech titans soothed worries about the impact of