As their losses pile up, Chinese investors are losing confidence not only in the stock market but in the government’s ability to turn the economy around.
Tag: Tencent Holdings Ltd
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Tencent and Netease Rally on Signs China May Ease Gaming Proposal
After a market rout, gaming companies like Tencent and Netease rally on signals that regulators might apply proposed curbs on users less harshly than feared.
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The E-Sports World’s Future Is Uncertain as Growth Stalls
At least two organizations in America’s most prominent league for professional video game players are selling their teams, underscoring the industry’s uncertain future.
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Alibaba, Baidu and Tencent Signal First Steps in Bumpy Recovery
The economy is open again, helping Alibaba, Baidu and Tencent claw back in the first quarter from a miserable 2022, though they will likely face continuing skepticism from investors.
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The Chinese Dream, Denied
The world’s harshest Covid restrictions exemplify how Xi Jinping’s authoritarian excesses have rewritten Beijing’s longstanding social contract with its people.