Tokyo-listed Nexon (3659.T) and Koei Tecmo (3635.T) joined NetEase (9999.HK), which is traded in United States and Hong Kong, in losing more than 3%. Krafton Inc (259960.KS), a South Korean company that earns fees by providing services for a similar game to its blockbuster "PlayerUnknown's Battlegrounds" (PUBG) to Tencent, finished 1% lower. Shares in Tencent, the world's largest gaming firm by revenue, initially slid but ended up 3%, with analysts noting it had already imposed additional limits on gaming for minors earlier this month. "The new policy is not the worst thing that could have happened," said the investor who declined to identified given the sensitivity of the topic. "What the industry is really afraid of is if the government stops approving new games like they did in 2018," said a Beijing-based private equity investor, referring to a nine-month period when China suspended approvals of new video game titles as part of an overhaul of the regulatory bodies that oversee the sector. There was also relief that the regulations did not go further. "The problem is that this move destroys the entire habit-forming nature of playing games at an early age." "The root of the problem here is not the immediate revenue impact," said Mio Kato, an analyst who publishes on SmartKarma. While the hit to gaming stocks was relatively measured as children do not provide much revenue for gaming companies, analysts noted that the implications for the long-term growth of the industry were much more severe. "Sexual consent at 14, at 16 you can go out to work but you have to be 18 to play games. "This group of grandfathers and uncles who make these rules and regulations, have you ever played games? Do you understand that the best age for e-sports players is in their teens?" said one comment on China's Twitter-like Weibo.
Cafe international regeln for free#
Register now for FREE unlimited access to Register
0 kommentar(er)
