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ByteDance Shelves Sale of Moonton Game Studio, Picks New Chief

ByteDance Shelves Sale of Moonton Game Studio, Picks New Chief
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gaming firms: Chinese gaming firms unveil share buybacks after regulatory move unnerves investors

Last Friday, regulators published draft rules that would ban online games from giving players rewards if they log in every day, if they spend on a game for the first time or if they spend several times on a game consecutively.

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Chinese gaming firms unveil share buybacks after regulatory move unnerves investors By Reuters

Chinese gaming firms unveil share buybacks after regulatory move unnerves investors By Reuters
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Chinese Gaming Companies Announce Share Buybacks Amidst Regulatory Concerns

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.

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Chinese gaming firms unveil share buybacks after regulatory move unnerves investors

SHANGHAI :A slew of smaller Chinese gaming companies have announced share buybacks - plans seen as an attempt to reassure investors after the market was spooked by regulatory moves to clamp down on consumer spending on games.Last Friday, regulators published draft rules that would ban online games from giving

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