Tencent leads $80.6 billion loss as China’s gaming crackdown expands

September 10, 2021 7:46 AM

HONG KONG (BLOOMBERG) – Tencent Holdings and Netease shed more than US$60 billion (S$80.6 billion) of value as investor fears grow that Chinese regulators are preparing to tighten their grip dramatically on the world’s largest gaming industry.

Source : http://www.straitstimes.com/business/companies-markets/tencent-leads-806-billion-loss-as-chinas-gaming-crackdown-expands