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China: China to curb gaming spend; Tencent, NetEase plunge - Vimarsana News

China: China to curb gaming spend; Tencent, NetEase plunge

Published: December 22, 2023

The new rules, which will effectively set spending limits for online games, sparked panic among investors, wiping off nearly $80 billion in market value from China's two biggest gaming companies.

Source: indiatimes.com
Related Topics:
Hong KongIvan SuSteven LeungVigo ZhangCertificate Programme In Data Science MachineOffering CollegeIndian School Of BusinessTencent HoldingsNorthwestern UniversityTech ProwessHigh Value SkillData SciencePost Graduate CertificateNational PressPublication AdministrationsTencent GameGaming SpendVideo Games
China to curb gaming spend; Tencent, NetEase plunge - Vimarsana News

China to curb gaming spend; Tencent, NetEase plunge

Published: December 22, 2023

China News: Chinese regulators announce rules curbing spending and rewards in video games, impacting market value and earnings. New draft rules ban reward feature

Source: indiatimes.com
Related Topics:
Hong KongSteven LeungIvan SuTencent HoldingsNational PressPublication AdministrationsVideo GamesGaming SpendDigital Wallets