Thursday, 5 March, 2026
As China tightens gaming restrictions, Tencent leads losses of $ 60B
By Basit Ansari
<p>With Chinese regulators taking a tough stance on the world's biggest gaming industry, investor fears have led to losses of up to $60B in value for Tencent Holdings and Netease Inc. Announcements by regulators declaring that China will slow down approvals for all online games also accelerated a stock selloff by investors, contributing to further losses. Amidst the crackdown on tech firms, investors are concerned, and the industry may face more losses.</p>
Read full story at Yahoo
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