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

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China has banned under-18s from playing video games for more than three hours a week, saying the new rules were necessary to stop growing addiction to what it once described as 'spiritual opium'.

People play online games at an internet cafe in FuyangSHANGHAI -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.

"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." Krafton Inc, a South Korean company that earns fees by providing services for a similar game to its blockbuster "PlayerUnknown's Battlegrounds" to Tencent, finished 1% lower.

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Young Chinese gamers vent at Beijing's new rules as shares in gaming companies slideChina's new rules forbidding under-18s from playing video games for more than three hours a week knocked shares in Tencent Holdings Ltd and other gaming companies, while young players took to social media to express their outrage. The People's Daily, the official newspaper of the ruling Communist Party, said in an article on Monday after the rules were announced that the government had to be 'ruthless'. It's 'indisputable' that indulging in online games affects normal study life and the physical and mental health of teens, the article said.
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