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China unveils new gaming curbs, sending tech stocks tumbling – ENG MIZZIMA COM

China unveils new gaming curbs, sending tech stocks tumbling – ENG MIZZIMA COM
mizzima.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mizzima.com Daily Mail and Mail on Sunday newspapers.

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China to Curb Excessive Online Games Spending in New Tightening

China to Curb Excessive Online Games Spending in New Tightening
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Tencent Sheds $54 Billion as China Unveils Latest Gaming Curbs

(Bloomberg) Tencent Holdings Ltd. led an $80 billion selloff in some of China’s biggest online names, after the surprise imposition of new gaming curbs revived fears Beijing may again be targeting the country’s giant internet sector.Most Read from BloombergHyperloop One to Shut Down After Failing to Reinvent TransitHarvard Financial Pain Grows as Blavatnik Joins Donor RevoltVilified Zero-Day Options Blamed by Traders for S&P DeclineGiuliani Files for Bankruptcy After $148 Million Defamation L

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China unveils new gaming curbs, sending tech stocks tumbling

China unveils new gaming curbs, sending tech stocks tumbling
hurriyetdailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hurriyetdailynews.com Daily Mail and Mail on Sunday newspapers.

Cheng gongHong kongZeng xiaofengHanjia songshuFederal reserveHang seng indexNiko partnersChengdu based hanjia songshu

China Unveils New Gaming Curbs, Sending Tech Stocks Tumbling

China announced Friday another set of planned curbs on the amount of time and money that people can spend gaming online, triggering a share market sell-off in some of the nation s biggest tech giants worth billions of dollars.

Cheng gongHong kongZeng xiaofengMichael brownPepperstone brownFederal reserveBig techHang seng indexNiko partnersChengdu based han squirrel studio