NetEase
Chinese gaming stocks in freefall after regulators summon firms
Chinese gaming and media stocks including Tencent and NetEase fell a day after authorities summoned them and other gaming firms to ensure they implemented new rules for the sector.
Why and how China is drastically limiting online gaming for under 18s
As widely reported, China has introduced new rules that limit the amount of time under-18s can spend on video games to three hours a week, a move it said was necessary to combat ga...
Sources: NetEase delays $1 billion Hong Kong listing of music streaming firm
NetEase Inc has delayed the $1 billion Hong Kong IPO of its music streaming service Cloud Village because of volatile trading in China’s major tech companies, two people with...
Tencent tumbles after Chinese media calls online gaming “spiritual opium”
Shares of online gaming companies, including Tencent Holdings and NetEase Inc, tumbled earlier today after a Chinese state media outlet branded online gaming “spiritual opium...
Alibaba to shut down Xiami music app next month
Alibaba Group will shut its audio streaming platform Xiami Music following month, in a move that marks a step back from its ambitions to push into China’s entertainment indus...