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China online video restrictions wipe $20 billion off Tencent's market value

Plans to limit the number of new online video games in China wiped a further $20 billion off Tencent Holdings' market value on Friday, ratcheting up concerns over regulatory risks facing firms in the world's No. 1 market for mobile games.


from Reuters: Technology News https://www.reuters.com/article/us-china-gaming/china-online-video-restrictions-wipe-20-billion-off-tencents-market-value-idUSKCN1LF25B?feedType=RSS&feedName=technologyNews
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