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Tencent spearheads $80 billion decline in value amid fears of China's crackdown on gaming industry | Indiablooms

Beijing: Tencent Holdings Ltd. led an $80 billion market rout in several major Chinese online companies, following the sudden implementation of new gaming restrictions that reignited concerns about Beijing's renewed focus on the nation's vast internet sector, Bloomberg reported. ....

Alibaba Group Holding Ltd , Jack Ant Group Co , Jack Ma Backed Ant Group , Eijing Tencent Holdings Ltd Led An 80 Billion Market Rout In Several Major Chinese Online Companies , Ollowing The Sudden Implementation Of New Gaming Restrictions That Reignited Concerns About Beijing 39s Renewed Focus On Nation Vast Internet Sector , Bloomberg Reported ,