Tencent’s valuation is elevated after a more than 100 per cent rally last year. Photo: Reuters

Swiss asset manager Pictet buys into Chinese video game maker behind ‘Knives Out’, sells Tencent stock

The video game pipeline at NetEase is expected to improve this year, while its revenue is still growing by close to 30 per cent

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Tencent’s valuation is elevated after a more than 100 per cent rally last year. Photo: Reuters
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