** Hangzhou Changchuan Techonology Co. and Sai Microelectronics Inc. lost 5.8% and 4.5%, respectively. ** At least eight China-listed gaming companies, including Perfect World Co, have announced share buyback plans worth as much as 780 million yuan ($109.17 million) in total to boost investor confidence and stabilise share prices across an industry shaken by new regulatory moves. China stocks declined on Tuesday, dragged down by semiconductor shares, while gaming stocks stabilised after a slew of companies announced share buyback plans. The Hong Kong market is closed for a holiday. ** China’s blue-chip CSI300 Index and the Shanghai Composite Index both dropped 0.7% by the lunch break. ** Semiconductor and information technology shares led the decline, both down 2.1%. ** Hangzhou…
Published Date: 2023-12-26
Source: Devdiscourse
Categories: Business, Investing, Stocks and Bonds, International Business and Trade, Import and Export, Games
