HONG KONG -- Shares of Chinese gaming company NetEase slid as much as 14% Thursday on news that its tie-up with U.S.-based Blizzard Entertainment is ending, with sources saying the deal fell apart over an intellectual property and data-control spat.
Chinese group's shares plunge on news of games license deal ending
World of Warcraft maker Activision Blizzard had a longtime deal with NetEase for its games to be played in China (File photo by Reuters) © Reuters
HONG KONG -- Shares of Chinese gaming company NetEase slid as much as 14% Thursday on news that its tie-up with U.S.-based Blizzard Entertainment is ending, with sources saying the deal fell apart over an intellectual property and data-control spat.