Tencent and NetEase shares fall over 3% after China tightens gaming rules for kids
Summary
But analysts expect the latest directive to have minimal impact on Chinas gaming giants. On Monday, Chinas National Press and Publication Administration said children below 18 years old will only be allowed to play online games for up to three hours a week and only during specific times. Tencent has previously said only a small amount of gaming revenue comes from younger players in China. For a long time, the Chinese government has been concerned about gaming addiction amongst the countrys youth. Tencent and NetEase have already made moves to restrict the amount of time young people play their online games for.
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