Market Chatter: NetEase Charges Ex-Esports, Marketing Chiefs with Corruption

MT Newswires Live

Nov 11, 2024

NetEase's (HKG:9999) former staff were charged with corruption during their time at the Chinese gaming company, Yicai Global reported Friday, citing an internal memo.

Among those charged were former e-sports chief Xiang Liang and distribution and marketing chief Jin Yuchen, the report said.

A number of marketing executives were also taken for questioning, Yicai said, citing an unnamed source.

The corruption allegedly took place in their respective departments, the report said.

NetEase also blacklisted 27 firms from transacting with them following the fraud allegations, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HK0000306685.HKD","symbol_name":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) INC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2482033292","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2482033292","pubTimestamp":1731318504,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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