Chinese gaming stocks drop

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Thu, 09 Sep 2021 06:30:31 GMT

Source: Dukascopy Bank SA

During Thursday's Asian trading hours, Chinese gaming company stock prices tumbled, as regulators called in firm representatives.

Actual Topics

On Thursday, Asian stock indices declined. The decline was attributed to expectations of stimulus cuts.

The Vice Governor of the People's Bank of China announced on Wednesday that the central bank would not resort to flood-like monetary stimulus.

On Wednesday, Japan updated second quarter GDP data and revealed that the Japanese economy had grown by 1.9% on a year to year basis.