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Stock Market & Financial Investment News

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June 19, 2014
11:59 EDTCMGEChina Mobile Games drops after reportedly removing executives
Shares of China Mobile Games are down 24% to $14.35 after the company reportedly removed a total of nine executives, including President Ying Shuling. The news was reported by Sina Tech, according to Bloomberg. Nomura says China Mobile indicated the nine managers were removed for alleged involvement in bribery within its game publishing business.
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