China unveils new gaming curbs, sending tech stocks tumbling, Marketing & Advertising News, ET BrandEquity

China unveils new gaming curbs, sending tech stocks tumbling, Marketing & Advertising News, ET BrandEquity

Representative image China on Friday announced new plans to restrict the online gaming industry, sending shares in tech giants including Tencent tumbling and wiping tens of billions of dollars off their value. New draft restrictions published online by the regulator are aimed at limiting in-game purchases and compulsive playing behaviour. Following the news, Tencent tanked … Read more