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Tencent Slumps, SK Hynix Climbs, Hansoh Pharma Rises
Published 2 months ago
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Tencent shares fell on concerns about the holding company’s increasing AI investments, even after it reported solid growth for advertising and mobile games.
- SK Hynix shares rise after a revival in the global AI trade pushed South Korean stocks toward a technical bull market, marking a dramatic turnaround from last month’s historic rout.
- Hansoh Pharma shares rise after the Hang Seng Biotech industry rallies, as drug innovation in chronic illness and weight loss businesses in China grows at a rapid pace. Maya Thompson
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