Tencent loses over $43 billion in market value after China proposes new online gaming rules
China’s first offline esports experience hall Tencent V-Station, Shanghai, China, October 31, 2020. Costfoto | Future Publishing | Getty Images Tencent lost about $43.5 billion in market value on Friday after China surprised financial markets with a fresh set of rules aimed at curbing excessive gaming and spending. The draft guidelines from China’s National Press … Read more