BEIJING/SHANGHAI (Feb 4): Online games and short video apps have been among the few beneficiaries of China’s virus outbreak, raking in millions of views and downloads as people stuck in self-quarantine at home seek entertainment and ways to beguile their time. U.S.-listed shares in Chinese video platform Bilibili rose almost 7%, while shares of search engine Baidu and e-commerce giant Alibaba also rose. Five mobile game developers, including Ourpalm, surged by the maximum allowed 10% on Tuesday. Strategy simulation app “Plague Inc.”, which jumped to the top of the charts in Apple’s app store, retained its popularity. “Many students play games during the Spring Festival,” said the junior high teacher, Lu, adding that she spent more than five hours each day playing poker, among other games.

Source: The Edge Markets February 04, 2020 07:30 UTC