Tag: gaming
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Why Netease.com Could Rally Back to $102
Netease.com (NTES) is already rebounding, as hoped. As we noted on Dec. 24, “Over the last few days, shares of Netease.com (NTES) gapped from $105 to $87.64. All after Chinese regulators introduced regulations to reduce spending, and cut incentives that promote excessive gaming. It could soon refill its bearish gap.” Today, after China’s National Press and…