Thursday, May 9, 2019

Tencent's PUBG won't get 'chicken dinner' in China

Tencent Holdings Ltd on Wednesday shut down its test version of global blockbuster "PlayerUnknown's Battlegrounds" in China and shifted users to a similar, more patriotic video game which, unlike PUBG, has regulatory approval to generate revenue. http://bit.ly/2vLkV01

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Shanghai's tech-focused Star 50 index is up 29% in 2026, and its P/E ratio is 150+, above Nasdaq 100's 35, fueled by Beijing's tech push and an investor frenzy (William Sandlund/Financial Times)

William Sandlund / Financial Times : Shanghai's tech-focused Star 50 index is up 29% in 2026, and its P/E ratio is 150+, above Nasdaq...