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To be honest, as a parent, some of Xi's policies to abolish for-profit education institutions and reduce game addiction, are actually welcomed by me. But of course, as an investor, not much.
In the greater scheme of things, which is better in the long run? Of course it depends on where you stand!
Tencent, Nexon soar after approval for marquee game
The title’s approval is a big boost for Tencent’s 2024 pipeline, which still relies in part on years-old titles and is hungry for new blockbusters. The Chinese company had counted on the title to bolster its pipeline as far back as 2020, but the game failed to emerge at the height of a Beijing regulatory crackdown. Nexon said at the time it was delaying the title to comply with restrictions aimed at curbing addiction and playtime among Chinese minors.
https://www.businesstimes.com.sg/compani...rquee-game
In the greater scheme of things, which is better in the long run? Of course it depends on where you stand!
Tencent, Nexon soar after approval for marquee game
The title’s approval is a big boost for Tencent’s 2024 pipeline, which still relies in part on years-old titles and is hungry for new blockbusters. The Chinese company had counted on the title to bolster its pipeline as far back as 2020, but the game failed to emerge at the height of a Beijing regulatory crackdown. Nexon said at the time it was delaying the title to comply with restrictions aimed at curbing addiction and playtime among Chinese minors.
https://www.businesstimes.com.sg/compani...rquee-game
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