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Chinese Gaming Crackdown - Stocks to Suffer?
China's Crackdown: https://www.ft.com/content/ffca0c80-b6b4-473f-9be2-c3a313e94f62
China's Gaming Stats Breakdown: https://www.globenewswire.com/news-release/2020/10/22/2112716/0/en/2020-Analysis-of-Gamers-in-China-Analysis-of-Gamer-Behaviour-and-Spending-by-Geography-Gender-and-Platform.html
China introduced legislation to limit gaming time during weekends and holidays for everyone under 18. Does this mean a huge hit to Chinese gaming stocks such as $TCEHY, $NTES, and $BILI? Or is the impact likely minimal and actually going to prompt a bounce back?
Tencent (TCEHY), Easenet (NTES), and Bilibili (BILI) all have been strong, especially through the pandemic and looking internationally so I give my interpretation of the situation and the moves to come in those stocks.
0:00 - 0:45 Chinese Video/Mobile Gaming Stocks
0:45 - 1:15 Chinese Gaming Policy Limit
1:15 - 1:54 Market Reaction & Demographics
1:54 - 2:14 General Chinese Background
2:14 - 3:31 The Statistics
3:31 - 4:02 Your Thoughts?
***Disclaimer: This is for educational purposes containing my personal opinions and approaches, this is not investment advice. All trades are made in my smaller accounts to accommodate reasonable expectations for beginning traders with smaller accounts.***
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