Tencent, NetEase plunge as China issues rules to curb players' spending on online games

Tencent, NetEase plunge as China issues rules to curb players' spending on online games

FILE PHOTO: A gamer plays online games at an internet cafe in Taiyuan, Shanxi province, January 23, 2010. REUTERS/Stringer/File Photo

Chinese regulators announced on Friday a wide range of rules aimed at curbing spending and rewards that encourage video games, dealing a blow to the world’s biggest games market, which returned to growth this year.

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