News Wave! - Nintendo's Stock Soars...And China Is The Reason

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Published on September 20, 2017 12:00:43 PM ● Video Link: https://www.youtube.com/watch?v=yWcmggAELOo

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League of Legends (2009)

Duration: 11:30

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Nintendo's stock jumped heavily in the past few days after Credit Suisse upgraded predictions for the little system to 130 million units sold through 2022. This has happened with Nintendo making a deal with Tencent to bring a tremendously popular MOBA game from China to the Switch. With the Switch sold in limited quantities and few areas in China (with most retailers actually importing systems from surrounding areas) a strong Nintendo Switch presence in China has investors excited.

Read more about China and Nintendo Here: http://www.rollingstone.com/glixel/news/nintendo-eyes-china-with-tencent-partnership-wsj-w504209


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