Giant Network founder Shi Yuzhu had more assets frozen by a Beijing court in another case related to his role as a guarantor of company debts. Photo: Weibo
Chinese video gaming tycoon Shi Yuzhu has another US$13.4 million in assets frozen in rocky year of crackdowns
- Giant Network founder Shi Yuzhu has nearly US$27 million in stock frozen over disputes involving his role as the guarantor of company debts
- Giant Network, once a bigger name in video games than Tencent, has also had a rough year amid Beijing’s gaming crackdown, with revenues down 10 per cent
Giant Network founder Shi Yuzhu had more assets frozen by a Beijing court in another case related to his role as a guarantor of company debts. Photo: Weibo