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
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
Tech /  Big Tech

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

Topic |   Video gaming
Ann Cao
Ann Cao

Updated: 9:00pm, 30 Dec, 2021

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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
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
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