Auteur
kafa88
09 Sep 2021 - 09:20:49
79 Posts
Shares of Tencent and Netease fell Thursday morning after Chinese regulators called them and other gaming companies for interviews. By reminding them of the time limit for children's games.Chinese propaganda department Cyberspace Controller And other agencies said they would "seriously deal with" violations of their rules.Tencent shares were down more than 5 percent in early trading in Hong Kong, while NetEase was down more than 6 percent.

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Regulators have warned gaming companies that they want to limit game time to children under 18 under rules announced last month. Children are not allowed Over 3 hours of online gaming a week — and only during specific hours and days. The Chinese government has long been concerned about the impact of gaming on children's physical and mental health.Game companies should control their content.

This includes prohibiting "illegal" content such as pornography.The official also said unfair competition and monopoly should be avoided. China's market regulator said last month that Internet companies across the board should avoid unfair competition. and draft rules that target such practices.Companies should also change the design of games that keep users hooked.In response, the gaming company said on Thursday they were trying to comply with recommendations from regulators.

We believe in healthy gaming and take the physical and mental health of youngsters very seriously. We appreciate the advice and guidance of the relevant regulatory bodies. And will do our best to comply with all rules related to youth gaming addiction and content regulation,” Tencent said in a statement on CNBC.NetEase also added that it will comply. It said in a statement to CNBC that it "will strictly abide by the rules and instructions on anti-addiction measures for minors in the game.

We will continue to strive to deliver more quality games and promote a better and responsible gaming environment for small players. As we strive to create and promote a good gaming environment in China,” the company told CNBC.Will the monetization model The warning from meetings with regulators doesn't seem too new. But they repeat past restrictions on game time limits for minors. Remove content the authorities consider "illegal" and try to stop unfair competition and monopoly.

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