Chinese gov't summons gaming firms - Reuters News Agency
Business & FinanceReuters News FirstTechnology

Chinese gov’t summons gaming firms

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.

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
FILE PHOTO: A Tencent logo is seen at its booth at the 2020 China International Fair for Trade in Services (CIFTIS) in Beijing, China September 4, 2020. REUTERS/Tingshu Wang/File Photo
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