Why Sea Limited Stock Jumped Today

Shares of Sea Limited (NYSE: SE), a digital entertainment and e-commerce company, jumped today as shares of some Chinese tech stocks spiked. Sea Limited is based in Singapore, but the Chinese tech giant Tencent Holdings owns an 18.7% stake in the company. 

Sea's share price was up by 9.6% as of 2:06 p.m. ET. 

Investors were pushing up Sea's stock today likely on the news that the Chinese government is open to working with U.S. regulators to keep Chinese stocks listed on U.S. exchanges. 

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Source Fool.com