Press Coverage

Shares in Tencent and NetEase plunge after Beijing surprises investors with new spending limits for video game players

By December 22, 2023 No Comments

Excerpt: “This could be the beginning of the end of the smartphone game business model,” wrote Mio Kata, founder of LightStream Research, on independent investment research platform Smartkarma Beijing has targeted the gaming sector before.

BY Lionel Lim • (Opens in a new window) ⧉

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