Jenjorjack
2021-08-03
Here we go again. The China Tantrums will give us better prices for the long term
Tencent Shares Dive After Chinese Media Calls Online Games ‘Spiritual Opium’
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The China Tantrums will give us better prices for the long term","highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":4,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/804226556","repostId":1147488941,"repostType":4,"repost":{"id":"1147488941","pubTimestamp":1627956497,"share":"https://www.laohu8.com/m/news/1147488941?lang=&edition=full","pubTime":"2021-08-03 10:08","market":"hk","language":"en","title":"Tencent Shares Dive After Chinese Media Calls Online Games ‘Spiritual Opium’","url":"https://stock-news.laohu8.com/highlight/detail?id=1147488941","media":"Bloomberg","summary":"Tencent Holdings Ltd. dived as much as 10% Tuesday after an offshoot of China’s official news agency","content":"<p>Tencent Holdings Ltd. dived as much as 10% Tuesday after an offshoot of China’s official news agency decried the “spiritual opium” and “electronic drugs” of games, stoking fears Beijing will next set its sights on online entertainment.</p>\n<p>The social media giant joined rivals NetEase Inc. and XD Inc. in an abrupt selloff in early Hong Kong trading after an outlet run by the Xinhua News Agency published a blistering critique of the gaming industry. 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