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NetEase shares drop 20%, Tencent stock skids on proposed China gaming rules

Shares of Chinese NetEase Inc. and Tencent Holdings Inc. fell sharply on Friday after authorities announced draft rules to crack down on spending and rewards. ....

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How the Maker of 'Fortnite' Beat Google and Got Its Mojo Back

Epic’s CEO founded the company in his parents’ basement. He isn’t done challenging tech giants. ....

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DouYu CEO Shaojie Chen Arrested in China

By Adriano Marchese DouYu International Holdings said Tuesday its chief executive officer, Shaojie Chen, was arrested by local police in the Chinese province. ....

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China ADRs trade lower ahead of Alibaba results

Chinese ADRs were mostly lower in premarket trade ahead of Alibaba’s results, and after a meeting between U.S. President Joe Biden and China President Xi. ....

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Tencent's Third-Quarter Net Profit Beat Analysts' Expectations -- Earnings Review

By Kosaku Narioka Tencent Holdings reported third-quarter results on Wednesday. Here is what you need to know. NET PROFIT: Tencent's net profit fell 9.4%. ....

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