Beijing: China prohibits children from playing online games for more than three hours a week, the hardest restrictions so far in the game industry when China’s regulator continues to take action against the technology sector.
Underage children in China can only play games between 8 P.M.
Up to 9 P.M.
On Friday, weekends and national holidays starting September 1, according to notifications from national press and administrative publications.
Safe! You have managed to throw your voteogin to see the limits of playing games up to three hours a week for most of the week of a year, down from previous restrictions set in 2019 which allow children underage to play for one and a half hours and three hours on national holidays.
This new regulation affects several of the largest technology companies in China, including Giant Tencent gaming, whose honor of online Multiplayer Kings online is very popular globally, as well as gaming company netting.
Tencent’s share price closed down 0.6% at 465.80 Hong Kong dollars on Monday ahead of the regulator’s announcement.
The market capitalization of $ 573 billion fell more than $ 300 billion from the peak of February, the same decrease with more than the total value of Nike Inc.
or Pfizer Inc.
Stock NetEase registered in New York fell by around 9% on the open market.
Gaming restrictions are part of the ongoing hard action in technology companies, amid fears that technology companies – many of which provide messages, payments and gaming services everywhere – may have an outsized influence on society.
Earlier this month, Tencent said it would limit children to play under the age of up to one hour a day and two hours during the holidays, and prohibit children under the age of 12 years from making in-game purchases.
The company publishes hours of restrictions after newspapers affiliated with the country criticize the game industry and are called “spiritual opium games.”
Regulators say on Monday that they will strengthen supervision and increase the frequency of online game company inspections to ensure that they follow regulations carefully.
The Chinese authorities in the past few months have targeted e-commerce and online education, and has implemented new regulations to curb anti-competitive behavior after years of technology technology growth.
Last month, the authorities prohibited companies from providing lessons in the core school subjects from making profits, removing billions in market value from online education companies such as Tal Education and Techedu Gautu.