China will forbid minors from gaming more than three hours per week most weeks of the year, imposing the strictest controls yet over entertainment for youths in a blow to the world’s largest mobile gaming arena.
NetEase slid as much as 7% in premarket trading in New York, while Prosus, Tencent’s biggest shareholder, fell 3.5% in Europe and Johannesburg. Regulators will ratchet up checks over how gaming firms carry out restrictions on things such as playing time and in-game purchases; and
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