22:55[The market value of Tencent and NetEase has evaporated by nearly HK$500 billion, and the industry says that recharge limits directly affect the turnover of game manufacturers]On December 22, gaming stocks plunged across the board, with NetEase leading the decline by more than 24%, and Tencent Holdings falling by more than 12%. The market value of both companies Nearly 500 billion Hong Kong dollars were evaporated. As a person working in the gaming industry, Luo Qi (pseudonym) told China Business News that he heard the rumors three or four months ago. At that time, he judged that the biggest impact would be on the recharge limit. “We didn’t have any big surprises this time. But the market did react quite strongly.” He believes that there is still a lot of information that needs to be clarified in the provisions. Today’s sharp decline in the game sector may be due to “the worst expectations”, and emotional factors account for a large proportion. He expressed the hope that detailed rules would be issued as soon as possible, because only when relevant standards are clarified can the substantial impact on the industry be measured. In Luo Qi’s view, the one item in the “Measures” that may really have the greatest impact on industry revenue and scale is to set a recharge limit for each game, which directly affects the revenue of game manufacturers. (China Business News reporter Liu Xiaojie)
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