Tech stocks sink in Hong Kong on heightened regulatory concerns as Tencent, NetEase reel from China’s decision to freeze approval for new online games. Photo: Handout Tech stocks sink in Hong Kong on heightened regulatory concerns as Tencent, NetEase reel from China’s decision to freeze approval for new online games. Photo: Handout
Tech stocks sink in Hong Kong on heightened regulatory concerns as Tencent, NetEase reel from China’s decision to freeze approval for new online games. Photo: Handout

Tech stocks sink in Hong Kong on renewed concerns about regulations as China slows the approval for online games

  • Hang Seng Index tumbled 2.3 per cent, the biggest drag in more than six weeks as tech giants paced losses
  • Tech benchmark sank 4.5 per cent after Beijing summoned Tencent, NetEase and others, and said to slow the approval for new online titles

Topic |   Hang Seng Index
Tech stocks sink in Hong Kong on heightened regulatory concerns as Tencent, NetEase reel from China’s decision to freeze approval for new online games. Photo: Handout Tech stocks sink in Hong Kong on heightened regulatory concerns as Tencent, NetEase reel from China’s decision to freeze approval for new online games. Photo: Handout
Tech stocks sink in Hong Kong on heightened regulatory concerns as Tencent, NetEase reel from China’s decision to freeze approval for new online games. Photo: Handout
READ FULL ARTICLE