The Digital Source For China's Tech Innovation Since 2000

Asia’s gaming stocks plunge after China tightens rules for young video gamers

September 1, 2021
Source: intellasia.net intellasia.net
News Snapshot:
[Asia’s gaming stocks plunge after China tightens rules for young video gamers] Shares of a number of leading game industry companies fell on Tuesday (August 30) after China announced new rules forbidding minors from playing more than three hours of video games a week. Tencent was among the hardest hit, with its share price dropping nearly 3 percent on Tuesday, as gaming contributes to about 60 percent of its total revenue, according to a Reuters report. Jefferies analysts said on Monday they predict Tencent’s smaller rivals like NetEase will also sustain losses, though not as much as the industry leader....
Go To Original Source →
Tags: China | Chinese | game | games | gaming | investment | Japan | Korean | NetEase | news | online game | report | Reuters | revenue | share | shares | South Korea | stock | stocks | Tencent | Three | Tokyo | Total | video

Other Related News:

Nigel Farage is a hit on TikTok – but are young voters listening or laughing?

May 11, 2025

“Qt is everywhere” – we hear about the development framework secretly featuring on billions of devices across the world

May 11, 2025

Trump to embark on Middle East trip to meet Gulf allies

May 11, 2025

This Week in Explainers: How India-Pakistan reached the brink of war and then paused

May 11, 2025

National Technology Day: All you need to know aout the India’s Nuclear Might for UPSC Exam

May 11, 2025

A decade-long search for a battery that can end the gasoline era

May 11, 2025

History Today: How India became a nuclear nation with Pokhran tests

May 11, 2025

Inside Australia's Major Airport Expansion Programs

May 11, 2025

John and Alice Harper have run a clothes store in Manchester since 1996

May 11, 2025
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2025 ChinaTechNews.com. A Service of Asia Media Network.
Twitter