Nintendo (NTDOY)

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NINTENDO SHARES UP AS CHINA LIFTS BAN !!!!

TOKYO: Shares in Nintendo Co Ltd jumped as much as 7.5% to a two-and-a half-year high on today after China temporarily lifted a 14-year-old ban on selling video game consoles.

The move could pave the way for Nintendo, Sony Corp and Microsoft Corp to enter the world’s third-largest video game market in terms of revenue.

“Nintendo hasn’t had a catalyst for a long time, so if it can revive (via) the Chinese consumer market then it would be positive,” a Tokyo-based trader said.


http://www.freemalaysiatoday.com/category/business/2014/01/08/nintendo-shares-up-as-china-lifts-ban/

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