Coverage dated December 21, 2023

Shares Of Tencent And NetEase Nosedive After China Proposes New Online Gaming Restrictions

Headline from Forbes

New rules seek to place limits on the amount of time and money users can spend on an online game.

Forbes's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Reports & sources

6 articles, oldest first.

Forbes
Shares Of Tencent And NetEase Nosedive After China Proposes New Online Gaming Restrictions (opens Forbes)
Published Dec 21, 2023
Forbes's feed description
New rules seek to place limits on the amount of time and money users can spend on an online game.
Fortune
Shares in Tencent and NetEase plunge after Beijing surprises investors with new spending limits for video game players (opens Fortune)
Published Dec 21, 2023
Fortune's feed description
“This could be the beginning of the end of the smartphone game business model," warned one analyst.
NBC Los Angeles
Tencent, Netease shares plummet on new China online gaming guidelines (opens NBC Los Angeles)
Published Dec 21, 2023
NBC Los Angeles's feed description
Tencent and Netease shares plunged on Friday after China released draft guidelines aimed at curbing incentives that may lead to excessive gaming and spending. Tencent shares dived more than 12%, while Netease slumped over 25%. This story is developing. Please check back for more information.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.