Chinese teens vent at new gaming limits as investors weigh impact on industry

📆 01/09/2021 00.31.00
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Young Chinese gamers took to social media to express their outrage at new rules that limit their gaming time to just three hours per week, while investors fretted about the long-term impact on the industry.

People’s Daily

“Sexual consent at 14, at 16 you can go out to work but you have to be 18 to play games. This is really a joke.” “The new policy is not the worst thing that could have happened,” said the investor who declined to identified given the sensitivity of the topic.Shares in Tencent, the world’s largest gaming firm by revenue, initially slid but ended up 3%, with analysts noting it had already imposed additional limits on gaming for minors earlier this month.

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Most people are starting to dump china gaming company stocks.

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