Game Developers Jumble; ZX INC Surges 15%, but TENCENT Slips for 4th Day
China's National Press and Publication Administration (NPPA) announced that a total of 111 games were granted license numbers in February, which is the third consecutive month that more than 100 games have been approved. Among them, $NTES-S(09999.HK$ 's "Tian Qi Xing Dong" was greenlighted.
HK-listed game developers jumbled today. Online game product developer $ZX INC(09890.HK$ skyrocketed 15% at $58. $NTES-S(09999.HK$ , a blue-chip company that will announce its results tomorrow, rallied 5% at $177.4.
However, blue chip $TENCENT(00700.HK$ was subdued for the fourth trading day; last at $279.8, down 1.7%. $BILIBILI-W(09626.HK$ retreated 1.1% to $79.25.
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