Part 5/12:
Economic and Industry Impacts
The new regulations are also hitting the gaming market economically. Shares of Chinese gaming companies such as Tencent, NetEase, and Billy Billy have plummeted in response. For instance, Tencent’s stock has dropped over 1.45%, while other companies like Ubisoft and Embracer Group saw declines exceeding 2%. The anticipated revenue for China's gaming industry, which was projected to be around $45.6 billion in 2021, could face significant setbacks due to these restrictions.