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Media & Entertainment

Japanese game stocks shrug off China clampdown

Shares in software makers jump ahead of Tokyo Game Show

Gaming stocks are on the rise ahead of the Tokyo Game Show, scheduled at the end of September, as investors anticipate news on upcoming titles. (File photo by Yuki Kohara) 

TOKYO -- Shares in gaming companies are gaining traction as investors snap up the beaten down sector, in spite of growing pressure in China, the world's biggest gaming market, to limit the amount of playtime for underage kids.

Game stocks in the Tokyo market have picked up steam with software developers like Koei Tecmo Holdings, the company behind hit franchise "Romance of the Three Kingdoms," soaring 23% in the last month and "eFootball" creator Konami Holdings up 13% in the same period.

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