Netflix is beaming from its Autumn content offering, led by the popular dystopian drama “Squid Game”. Netflix stock lifted 5.1% yesterday.
Chinese investors extended a selloff Monday over ongoing concerns that Beijing wants to increase regulation hurdles to business. Alibaba and other internet giants targeted by officials underperformed.
Tencent stock dropped by over 6% on Tuesday as the Chinese government's crackdown continued. Beijing’s latest steps to reign in online entertainment come in the wake of previous measures taken against e-commerce and online education companies.
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