JSE faces mixed Asian markets as Tencent is granted new licences
The world’s largest gaming company received its first gaming licences in a year and a half
18 November 2022 - 07:19
The JSE will open to mixed Asian markets on Friday, but might be lifted by China’s gaming regulator granting new licences to Tencent — the world’s largest gaming company which influences the JSE via Naspers and Prosus — for the first time in a year and a half.
The Hang Seng in Hong Kong and Nikkei in Japan were up 0.56% and 0.17%, respectively, while the Shanghai composite in mainland China retreated 0.11%. Year to date, the Hang Seng is down 22.03%, the Shanghai composite 14.33% and the Nikkei 4.52%...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.