Analysts from JPMorgan believe there is a tremendous possibility of an explosion in this sector in China, even with the current limitations imposed by crypto legislation.
Analysts from JPMorgan believe that the metaverse gaming market could explode in China even with the current state of regulation, which presents certain difficulties for adoption. Companies like Tencent, Netease, and Bilibili are JPMorgan’s picks when it comes to taking advantage of this potential growth, that at best, might pass the $100 billion mark.
there is a tremendous possibility of an explosion in this sector in China, even with the current limitations imposed by crypto legislation in the country.JPMorgan has selected the top industries that would benefit from a boom in this sector in China. Among these are , a conglomerate that offers internet gaming and artificial intelligence services, and Netease, another gaming giant in the country. Other companies mentioned by JPMorgan are Agora and China Mobile.The recommendations are based on criteria for the development of these companies regarding social media and gaming.
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