- Chinese gaming firm NetEase Inc (NASDAQ:NTES) scrapped some of its studios and projects started in early September amid China’s video gaming sector regulatory crackdown, SCMP reports.
- NetEase pulled off multiple programmers, designers, and creative artists from their original jobs at its Shanghai and Hangzhou offices.
- China recently restricted the gaming time for players below 18.
- The Chinese stocks ranging from Alibaba Group Holding Ltd (NYSE: BABA), Tencent Holdings Ltd (OTC: TCEHY) are trading lower due to the domestic tech crackdown.
- Price Action: NTES shares traded lower by 2.55% at $85.93 on the last check Tuesday.
Veru Announces UK’s Medicines and Healthcare Products Regulatory Agency Supports Expedited Review of Marketing Authorization Application for Sabizabulin Treatment in Hospitalized COVID-19 Patients
Veru Inc. (NASDAQ:VERU), a biopharmaceutical company focused on developing novel medicines for COVID-19 and other viral and ARDS-related diseases and for the management of breast and prostate cancers, today announced
