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Following Netease’s Announcement to Postpone the Local Release of Diablo Immortal, a Game It Co-developed With Activision Blizzard, Shares in the Chinese Gaming Company Fell on Monday in Hong Kong.

June 21, 2022
Source: beststocks.com beststocks.com
News Snapshot:
A new release date for the mobile and PC game was not announced by NetEase in a statement issued on Sunday. China’s gaming authority granted licenses for a slew of new video games this week, hinting that the market is becoming less regulated, Reuters reported. On Monday morning, shares of NetEase ( NASDAQ: NTES) –1.69 percent (NTES) in Hong Kong fell more than 10% before recovering some of their losses to close at a decline of 6.68%. According to NetEase, they postponed the game’s release so that the creators could make various changes, including the addition of support for a...
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China Tech Buzz Topics: Blizzard | Chinese | Diablo | game | games | gaming | Hong Kong | IT | mobile | nasdaq | NetEase | online game | PC | performance | Reuters | shares | stock market | video

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