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Monday, August 30, 2021 9:59:03 PM
By: Reuters | August 30, 2021
Shares of Tencent Holdings (OTC:TCEHY) Ltd dropped more than 2% on Tuesday, after China announced new rules for young video gamers.
That compared to a 0.4% slide in the benchmark Hang Seng Index and a 0.6% gain in Hang Seng Tech Index.
China announced on Monday rules forbidding under-18s from playing video games for more than three hours a week, a stringent social intervention that it said was needed to pull the plug on a growing addiction to what it once described as "spiritual opium".
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