The Epoch Times
The Epoch Times
AD
The Epoch Times
Support Us
SHARE
China NewsChina Business & Economy

Chinese Gaming and ‘Metaverse’ Shares Battered by Regulatory Squeeze

Copy
Facebook
X
Truth
Gettr
LinkedIn
Telegram
Email
Save
Chinese Gaming and ‘Metaverse’ Shares Battered by Regulatory Squeeze
People walk past the Tencent headquarters in Shenzhen, southern China’s Guangdong Province on May 26, 2021. Noel Celis/AFP via Getty Images
Reuters
By Reuters
9/9/2021Updated: 9/9/2021

SHANGHAI—Chinese gaming and metaverse-related shares skidded on Thursday, dragged down by an ongoing regulatory squeeze that has engulfed industries ranging from online platforms and entertainment to for-profit tutoring and real estate.

In the latest blow to China’s online gaming sector, the South China Morning Post reported on Thursday afternoon that Beijing had temporarily suspended approvals of new games, further hitting shares in companies like Tencent Holdings and NetEase.

Reuters
Reuters
Author
Author’s Selected Articles

Denzel Washington Receives Surprise Honorary Palme D’Or Award at Cannes

May 22, 2025
Denzel Washington Receives Surprise Honorary Palme D’Or Award at Cannes

China Can’t Decide Whether We Are a Country, Taiwan Foreign Minister Says

May 22, 2025
China Can’t Decide Whether We Are a Country, Taiwan Foreign Minister Says

Russian Ballet Supremo Yuri Grigorovich Dies at 98

May 20, 2025
Russian Ballet Supremo Yuri Grigorovich Dies at 98

Rogue Communication Devices Found in Chinese Solar Power Inverters

May 15, 2025
Rogue Communication Devices Found in Chinese Solar Power Inverters
Related Topics
China
gaming
squeeze
metaverse
regulatory
Save
The Epoch Times
Copyright © 2000 - 2025 The Epoch Times Association Inc. All Rights Reserved.