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Tencent and other 13 manufacturers buy back 38 shares of the sea game performance can lead the industry to pick up?

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Tencent and other 13 manufacturers buy back 38 shares of the sea game performance can lead the industry to pick up?
Domestic game makers are having a hard time this year because of industry policy changes and slowing domestic market growth. According to Sanwen recreation statistics, only half of the 68 listed game companies are profitable, of which 55.07% are companies with revenue growth. Investors also vote with feet and start to stay away from gaming stocks. Tencent, the stock king, for example, has fallen from a peak of HK$475 at the beginning of the year to 330 yuan today, with its market value evaporating by more than trillion yuan, the highest in the world. Another giant, NetEase, is also in bad shape, with its share price falling from $340 at the start of the year to $201 today... secondary market price
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