“The anti-corruption campaign is a lot stronger than expected, and it’s having an impact everywhere,” Joohee An, portfolio manager at Mirae Asset, said in the article. “I don’t think the policy will disappear soon.”
Nevertheless, the sector could still maintain some level of strength. While the industry has seen revenue taper off, accumulated gross revenue is still expected to increase after rising 10.2% so far this year.
Market Vectors Gaming ETF
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Max Chen contributed to this article.