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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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Tencent sheds $54 billion as China unveils latest gaming curbs

Beijing’s top gaming regulator on Friday published draft rules broadly designed to clamp down on practices that encourage players to spend more money and time online. ....

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Tencent leads $80 billion rout as China rekindles crackdown fear

The top gaming regulator on December 22 published draft rules broadly designed to clamp down on practices that encourage players to spend more money and time online. ....

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Tencent turns to old rival ByteDance to advertise latest mobile game "Dream Star"

Analysts have observed that most of Tencent's ad spending for its new mobile game Dream Star has gone to ByteDance. The data suggests the title's success must. ....

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Tencent wants to take Eggy Party's crown as king of party games with Dream Star

Tencent, operator of China’s biggest social media app and the world’s largest gaming business by revenue, is pitting Dream Star against NetEase’s Eggy Party,… ....

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