Reuters was more than two minutes ahead with news on Sept 8 that Chinese regulators had summoned game firms including Tencent and Netease, stirring concerns over Chinese authorities’ intensifying scrutiny of firms operating in a number of sectors.
Business & FinanceReuters News FirstTechnology
Chinese gov’t summons gaming firms
08 September 2021, 5:30 pm 1 minute
Market Impact
The news came during the evening in China and prompted a drop in Netease shares, which gapped lower when markets opened the following day and ended down more than 2%.
Article Tags
Topics of Interest: Business & FinanceReuters News FirstTechnology
Type: Reuters News First
Sectors: EquitiesRetail & Consumer GoodsTechnology
Regions: Asia
Countries: China
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story