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<Research>Jefferies: CN NPPA Supports Prosperous, Healthy Development of Online Game Sector

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2024-06-26 09:58

China's National Press and Publication Administration (NPPA) released information on the approval of domestic online games, Jefferies released a r...

  China's National Press and Publication Administration (NPPA) released information on the approval of domestic online games, Jefferies released a research report saying. Of which, 104 games were approved in June, including TENCENT (00700.HK) -1.800 (-0.471%) Short selling $961.82M; Ratio 19.683% 's “Roco Kingdom: World”. NTES-S (09999.HK) +5.500 (+3.879%) Short selling $101.71M; Ratio 18.693% 's “Epic of Tiara” also updated its game status.

  Jefferies believed that the approval information shows that the NPPA continues to support the prosperous and healthy development of the online game industry.

  (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-06-25 16:25.)

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