Chinese Gaming and Metaverse Shares Battered by Regulatory Squeeze China By Eli Pacheco On Sep 9, 2021 SHANGHAI—Chinese gaming and metaverse-related shares skidded on Thursday, dragged down by an ongoing regulatory squeeze that has engulfed industries ranging from online platforms and entertainment to for-profit tutoring and real estate. In the latest blow to China’s online gaming sector, the South China Morning Post reported on Thursday afternoon that Beijing had temporarily suspended approvals of new games, further hitting shares in companies like Tencent Holdings and NetEase. Shares in the two companies closed more than 8 percent and 11 percent lower respectively….