kagame

The Impact of Recent Regulations on Chinese Online Gaming Stocks

This helps explain the collapse in NTES stock price Wednesday AM compared to its peers. Although it did also just get upgraded to a $43 price target. Funny how little the analysts actually know.

SNDA dropped further, about $10 total.

I believe these companies will adapt and flourish, despite these regulations. What is more troubling is that the Chinese gov't continues to abuse Western investors with this type of bizarre and oddly timed regulatory action.