Tencent Plunges After China Unveils Latest Online Gaming Curbs Bloomberg Makemetechie.com Summary

Tencent Plunges After China Unveils Latest Online Gaming Curbs Bloomberg | Makemetechie.com Summary

News Summary

They encompassed caps on the amount each player can spend within a game, a ban on rewards for frequent log-ins and forced player-duels, even a prohibition on content that violates national security..

Tencent Holdings Ltd. led an $80 billion selloff in some of Chinas biggest online names, after the surprise imposition of new gaming curbs revived fears Beijing may again be targeting the countrys gi [+399 chars]

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