China’s gaming crackdown causes top 3 companies $80 bn market value loss, Tencent alone sheds $50 bn

The top three publicly listed game development and publishing studios, lost as much as $80 billion in market value, with Tencent alone shedding over $50 billion. Tencent saw its value slip by 16%, NetEase by 28 per cent, whereas Bilibili took a 14 per cent dive