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China slashes kids' online gaming time to just three hours a week

The escalating restrictions on Tencent's biggest business are likely to spook investors that had cautiously returned to Chinese stocks in recent days

China, gaming, mobile, online
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Netease slid as much as 7% in pre-market trading in New York, while Prosus NV, Tencent’s biggest shareholder, fell 1.9% in Europe | Photo: Bloomberg

Zheping Huang | Bloomberg
China will forbid minors from gaming more than three hours most weeks of the year, imposing their strictest controls yet over entertainment for youths in a blow to the world’s largest mobile gaming arena.
 
Gaming platforms from Tencent Holdings Ltd. to NetEase Inc. can henceforth only offer online gaming to minors from 8 p.m. to 9 p.m. on Fridays, weekends and public holidays, state news agency Xinhua reported, citing a notice by the National Press and Publication Administration. The new rules, which limit teen playing time to three hours most weeks of the year, is a major step-up from a

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