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China Hauls in Tech Giants Over Underage Gaming Rules, Shares Tumble

September 10, 2021
Source: newspostalk.com newspostalk.com
News Snapshot:
China’s publicity ministry as well as media regulatory authorities on Thursday took reps of Tencent, NetEase, as well as various other innovation titans, purchasing them to completely apply current constraints on on-line pc gaming for minor gamers. The conferences stimulated sharp drops in innovation share costs. The Hang Seng index dropped by 2.3 percent at Thursday’s near 25,71600, the largest one-day percent decrease considering that July 27, while the China Enterprises Index shed 2.8 percent. The heads of the judgment Chinese Communist Event (CCP)’s main publicity division as well as the General Management of Press as well as Publications (GAPP)...
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