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Chinese regulations around video games hit Tencent

September 12, 2021
Source: bullfrag.com bullfrag.com
News Snapshot:
“All gaming companies must strictly enforce the notice orders and implement minor gaming time restrictions when providing online games to them and must not provide any online gaming account rental or transaction services to minors in any way. “Regulators said according to a statement collected by the Xinhua agency. Such measures accelerated the massive sale of shares, according to a report published by Bloomberg, which points to the nervousness of investors before the government campaigns to control the digital industries, which also include e-commerce, mobility and social networks. This Thursday, Tencent, owner of major titles such as League of Legends,...
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China Tech Buzz Topics: addiction | Bloomberg | children | Chinese | digital | e-commerce | games | gaming | government | Naspers | NetEase | online | online game | report | shareholder | shares | Tencent | video | Xinhua

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