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Nintendo shares rise at Switch in Tencent in China



  A person disguised as a Nintendo character Mario waves at a popular Nintendo venue in Madison Square Park, March 3, 2017 in New York City.

Drew Angerer | Getty Images

A person disguised as Mario's Nintendo character beckons on March 3, 2017 in New York City at the Nintendo pop-up venue Madison Square Park.

Nintendo's shares rose over 16% on Friday after Tencent's gain in support of the sale of the Japanese gaming giant's switch console in China.

"Nintendo and Tencent also need to submit each game to China for approval and make sure the games meet the content requirements, which is also a lengthy process and means." It will take some time for Nintendo to open a large library of official games in China China can build, "he added.


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