Thursday, September 2, 2021

China's Weibo shuts down at least 52 stock-tipping accounts, including one with 3.25M followers, to comply with new rules on finance-related information (Bloomberg)

Bloomberg:
China's Weibo shuts down at least 52 stock-tipping accounts, including one with 3.25M followers, to comply with new rules on finance-related information  —  - Move is part of campaign to cleanse ‘harmful’ online content  — Pundits have touted advice on indexes, stocks, macro policies



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...