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KWEB - Rare Foreign Game Approvals At Tencent And NetEase Pinduoduo's Crash And Burn Tencent Reloads Warchest
KraneShares Trust CSI China Internet
By ALT Perspective
In this week's issue of Chinese Internet Weekly (CQQQ)(FXI), my coverage will focus on the rare new approvals granted to the foreign gaming titles of NetEase Inc (NTES) and Tencent Holdings (TCEHY)(TCTZF). The next round of approvals for foreign titles are not expected until next year. I will also delve into the background of the double-digit percentage share price dip of Pinduoduo (PDD) over the past week.