China’s latest rules will allow kids under 18 years old to play online games for only three hours a week and only during specific times.
Shares of China’s two biggest gaming players Tencent and NetEase fell on Tuesday after regulators dramatically cut down the amount of time children were allowed to play games. But analysts expect the latest directive to have minimal impact on China’s gaming giants. Tencent shares were down around 3.2% in morning trade while NetEase’s Hong Kong-listed stock fell 3.5%. On Monday, China’s 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.
