Tencent, NetEase shares plummet on new China online gaming guidelines -
lylcnn - 22-12-2023
Wah...still have not Pooh'ed enough on China internet companies ? Pooh not satisfied entrepreneurs never kowtow enough is it? what rubbish excessive gaming siah?
- Tencent shares tumbled by as much as nearly 15.7%, while NetEase plunged by as much as 28%
- Beijing released draft guidelines aimed at curbing incentives that could lead to excessive gaming and spending.
https://www.cnbc.com/2023/12/22/tencent-netease-shares-plummet-on-new-china-online-gaming-guidelines.html