Gaming giant NetEase plunges nearly 7% after it delays release of Diablo Immortal in China - 21 iunie 2022

De la TradeVille.ro wiki

NetEase (US.NTES) shares fell nearly 7% in Hong Kong on Monday after it announced plans to delay the release of Diablo Immortal in China. 

The Chinese gaming giant said it will postpone the original June 23 release of the hotly-anticipated game but did not give a new launch date. Diablo Immortal, a mobile and PC game, was co-developed by NetEase and Activision Blizzard (US.ATVI), the company Microsoft (US.MSFT) plans to buy.

The industry has faced intense scrutiny as part of a broader regulatory tightening on China’s domestic technology companies.

https://www.cnbc.com/2022/06/20/netease-delays-release-of-diablo-immortal-in-china-shares-fall.html

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