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China's ban on South Korean games slays Nexon shares

Investors jittery amid geopolitical fallout

TOKYO -- Shares of online game maker Nexon fell 7% at one point Tuesday in Tokyo, as China froze new licenses for South Korean games, spurring concerns about the company founded in Seoul.

Tokyo-based Nexon's trading value ballooned 200% from the day earlier to 14.7 billion yen ($128 million), behind such companies as Sony on the Tokyo Stock Exchange's first section.

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