16 days ago • Posted by Djellza Kolloni

Despite policymakers limiting children's playing time, gaming stocks in China are surging

Despite new laws limiting gaming time for youngsters under the age of 18, major Chinese gaming stocks surged on Wednesday. Bilibili's Hong Kong-listed shares rose 6.25%, while NetEase rose 6.42%. Tencent, on the other hand, gained 1.5% on the day. The new laws, according to companies and analysts, are unlikely to have a significant financial impact on China's gaming companies. Source: CNBC