Game On: These Entertainment Stocks Hit New Levels
Some Chinese entertainment stocks listed in the U.S. got a boost this week after the People Bank of China (PBOC) said it would pump $173 billion into the economy. Since news of the report from Beijing hit the street, one of the biggest gainers was Chinese gaming giant NetEase Inc. (Nasdaq: NTES) NetEase, a partner of California-based Blizzard Entertainment in China, traded as low as $317.48 per American depositary share last week, and soared as high as $347.95 apiece this week.
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