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The Tell: Another state-run China media outlet has come out swinging at the country’s gaming companies

News Snapshot:

China gaming stocks took another hit on Thursday, as a second government-linked media outlet came out swinging against the industry. Shares of Tencent 700, -3.90% , NetEase 9999, -3.76% and XD 2400, -2.12% lost around 3% each. Those stocks took a hard hit at the start of the week after the Economic Information Daily, which has links to state-controlled news agency Xinhua, reportedly likened them to “spiritual opium” for the nation’s addicted teens . U.S. listed shares of NetEase NTES, -5.16% fell 4%, while Tencent’s music arm, TME, -0.38% fell modestly. The Hong Kong-listed shares are down from 8% to…

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