$9999-HK News

Last published 2y ago

2y ago9999-HK 700-HK 9626-HKTencent loses over $43 billion in market value after China proposes new online gaming rulesCNBCNetease and Bilibili shares also plunge in Hong Kong after Beijing released draft guidelines aimed at curbing excessive gaming and spending.
3y agoNTES 9999-HK 700-HKChina's NetEase buys gaming studio involved in major titles including Halo Infinite and MinecraftCNBCNetEase has ramped up its international expansion efforts in gaming over the last two years as China's domestic market has slowed amid tougher regulation.
3y ago9961-HK BIDU 9999-HK JD+3Alibaba, other China ADRs surge as Ant Group capital plan approval fuels hope for relaxing scrutinyCNBCAnt Group, which previously had its own IPO plans scuttled by regulatory concerns, was allowed to double its registered capital as part of the new plan.
3y ago9999-HK 700-HK NTESChina is showing signs its intense crackdown on the video game sector is easingCNBCNew game approvals in China and a report praising the progress of reducing gaming addiction could be positive signs for giants Tencent and NetEase.
3y ago9999-HK ATVI ATVI/NTES/World of Warcraft to go offline in China as Activision Blizzard and NetEase end 14-year dealCNBCThe Blizzard-NetEase deal is due to expire in January 2023 after the two firms were unable to agree on renewal terms.
4y ago9999-HK NTES 700-HK 6758.T-JPChinese tech giant NetEase buys Star Wars game maker, marking its first major push into EuropeCNBCNetEase and its rival Tencent have been upping their efforts overseas as the Chinese domestic games market slows down amid tighter regulation.
4y ago3888-HK 9626-HK 700-HK 9999-HKChinese gaming stocks jump after Beijing approves new titles in a sign scrutiny is easingCNBCChinese regulators have approved three batches of games since April, a sign that the crackdown on the gaming sector may be easing.
4y ago700-HK 9999-HKTikTok-owner ByteDance's aggressive mobile gaming push is paying off as player spending growsCNBCByteDance has looked to aggressively expand into mobile gaming, an area that Tencent and NetEase have dominated in China.
4y ago9999-HKGaming giant NetEase plunges nearly 7% after it delays release of Diablo Immortal in ChinaCNBCNetEase and Blizzard's move comes at a tough time for China's gaming sector which is only just emerging for a months-long freeze of approvals from regulators.
4y ago.SPX WMT TGT COST+20Stocks head for another potentially treacherous week, after S&P 500 falls into bear market territoryCNBCIf there's more bad news from retailers in the coming week, that could be a negative catalyst for an already cranky stock market.
4y ago3690-HK BABA 700-HK 9999-HK+2JPMorgan upgrades China's tech sector, says it's time to buy these stocksCNBCJPMorgan has upgraded Chinese tech stocks on the back of diminished risks, just two months after calling the sector "uninvestable."
4y ago9999-HK 700-HK MSFT 6758.T-JPChinese tech giant NetEase launches first gaming studio in U.S. in international pushCNBCThe studio, called Jackalope Games, is based in Austin, TX and will be tasked with creating new PC and console games for NetEase.
4y ago700-HK DOYU HUYA 9626-HK+1Chinese gaming stocks jump as regulator approves new titles after months-long freezeCNBCShares of NetEase, Bilibili and other Chinese gaming stocks were higher after regulators approved the first batch of games for monetization since July 2021.
4y agoTSLA WFC HTZ LOG.N-CH+10Stocks making the biggest moves midday: Twitter, Starbucks, Tesla and moreCNBCThese are the stocks posting the largest moves in midday trading.
4y agoTWTR TSLA SBUX JPM+9Stocks making the biggest moves in the premarket: Twitter, Tesla, Starbucks and moreCNBCThe stocks making the biggest moves in premarket trading include Twitter, Tesla, Starbucks, and more.
4y agoAAPL GOOGL NKE DIS+8As U.S. and European businesses cut ties with Russia, Chinese tech firms remain silentCNBCCompanies including Huawei, Xiaomi and Alibaba declined to comment when contacted by CNBC about whether they would cut their business in Russia.
4y agoFB MSFT 700-HK 9999-HK+2China's tech giants push toward an $8 trillion metaverse opportunity — one that will be highly regulatedCNBCChina's technology giants from Tencent to Alibaba and ByteDance are investing in the metaverse, a market that could be worth $8 trillion in the future.
4y ago9999-HK 700-HKChinese internet giant NetEase opens another gaming studio in Japan as international push continuesCNBCNetEase's Nagoshi Studio will be focused on console gaming as the Chinese internet giant looks to pick up more international users across different platforms.
4y ago9999-HKChinese tech giant NetEase launches $500 million Hong Kong IPO for its music businessCNBCNetEase has launched the Hong Kong initial public offering (IPO) of its music business Cloud Village which could raise around $500 million.
4y agoRBLX FB WMG VG+13Global executives wax poetic on the metaverse during third quarter earnings conference callsCNBCDozens of executives spoke about the metaverse during their quarterly earnings call, but their messages were all over the place.
4y ago9999-HK 700-HKChinese tech giant NetEase revives Hong Kong IPO of its music streaming armCNBCCloud Village runs NetEase's music streaming business and the company says it has 185 million monthly active users.
5y agoMRNA SAM GME LULU+8Stocks making the biggest moves midday: Moderna, Lululemon, GameStop and moreCNBCThese are the stocks posting the largest moves in midday trading.
5y agoRH GME LULU CZR+10Stocks making the biggest moves premarket: Lululemon, GameStop, Boston Beer, RH and othersCNBCThese are the stocks posting the largest moves before the bell.
5y ago.DJI .SPX .IXIC 9999-HK+55 things to know before the stock market opens ThursdayCNBCU.S. stock futures were under pressure after the Dow and S&P 500 closed lower for the third straight session.
5y ago9999-HK 700-HK 9626-HK HUYAChina gaming stocks rally despite regulators limiting kids' playing timeCNBCChinese regulators announced that minors would only be allowed to play online games for three hours a week, a dramatic tightening of previous regulations.
5y agoZM SPCE CHS DBI+4Stocks making the biggest moves midday: Zoom, Virgin Galactic, Chico's and moreCNBCThese are the stocks posting the largest moves in midday trading.
5y agoZM HOOD PYPL DBI+11Stocks making the biggest moves in the premarket: Zoom Video, Robinhood, Designer Brands and moreCNBCThe stocks making the biggest moves in premarket trading include Zoom Video, Robinhood, Designer Brands, and more.
5y ago9999-HK 700-HKTencent and NetEase shares fall over 3% after China tightens gaming rules for kidsCNBCChina's latest rules will allow kids under 18 years old to play online games for only three hours a week and only during specific times.
5y agoAFRM AMZN GSAT AAPL+10Stocks making the biggest moves midday: PayPal, Generac, Dave & Buster's and moreCNBCThese are the stocks posting the largest moves in midday trading.
5y ago700-HK 9999-HKChina to ban kids from playing online games for more than three hours per weekCNBCUnder 2019 rules, under-18s were allowed to play games for 1.5 hours a day on most days.
5y agoUS10Y ZM CPB HPE+6A key jobs report in the week ahead could drive the next big market moveCNBCWith Jackson Hole in the rearview mirror, August's jobs employment report could be the next driver for markets.
5y ago9999-HK 700-HK 7974.T-JP MSFT+1Game consoles were once banned in China. Now Chinese developers want a slice of the $49 billion pieCNBCChina's independent developers and major companies like Tencent and NetEase are eyeing the burgeoning console market after Beijing lifted a 14-year ban in 2014.
5y ago700-HK 9999-HK 6758.T-JP MSFT+3Chinese gaming giant NetEase pushes for major overseas growth with new battle royale titleCNBCA top executive at Chinese tech giant NetEase lays out the company's plans for growing revenue overseas and dipping its toes into console and cloud gaming.
5y agoSAFM TSLA USFD TSN+12Stocks making the biggest moves in the premarket: Sanderson Farms, U.S. Foods, Tyson Foods and moreCNBCThe stocks making the biggest moves in premarket trading include Sanderson Farms, U.S. Foods, Tyson Foods, and more.
5y agoL87A-FF 9868-HK BABA 9999-HK+4Nasdaq-listed Chinese electric carmaker Li Auto to raise up to $1.93 billion from Hong Kong listingCNBCLi Auto, which is listed on the Nasdaq, said it will offer 100 million class A ordinary shares to investors at a price of no more than 150 Hong Kong dollars.
5y ago700-HK 9999-HKTencent tanks 10% after Chinese media calls online gaming 'opium'CNBCShares of Tencent and NetEase plunged on Tuesday after Chinese state media branded online gaming "opium" and likened it to a drug.
5y ago9618-HK 700-HK 9999-HK 992-HKChinese e-commerce giant JD.com has gaming ambitions. This is its strategyCNBCChina's JD.com is investing in its gaming business from partnering with companies to inform their device development to expanding its own e-sports team.
5y ago700-HK 9999-HKChinese tech giants are snapping up gaming studios around the world – here are some potential ramificationsCNBCAfter decades of the U.S. and Japan dominating the gaming space, China's influence is growing as its tech giants snap up gaming studios around the world.
5y agoMSFT ORCL WM 700-HK+1CEO of TikTok owner ByteDance to step down and move into a new roleCNBCZhang Yiming, co-founder of ByteDance — the owner of TikTok — will step down as CEO and transition to a new role, the company said on Thursday.
5y ago700-HK BIDU 9999-HK JD+1China's dual-listed tech giants lost $60 billion in market value over three days as delisting threats loomCNBCAs of their Friday close, $60 billion was wiped off the combined market cap of Alibaba, JD.com, Baidu and Netease in just three days.
5y agoBILI 9988-HK JD 9999-HK+1Chinese streaming company Bilibili to raise around $3 billion in Hong Kong listingCNBCBilibili, a streaming service popular with young Chinese users, said it would issue 25,000,000 shares as part of the Hong Kong offering.
5y agoBIDU 9988-HK JD 9999-HK+1Chinese tech giant Baidu to raise $3.1 billion in Hong Kong listingCNBCBaidu has priced its shares at 252 Hong Kong dollars ($32.45) each which will raise the company around $3.1 billion.
5y agoBIDU BABA JD 9999-HK+1Chinese tech giant Baidu to raise at least $3 billion in Hong Kong listing this monthCNBCBaidu joins a long list of Chinese tech companies that are currently listed in the U.S. and that have done secondary offerings in Hong Kong, including Alibaba.