News Snapshot:
chinese games and Media shares, including Tencent Holdings and NetEase, fell on Thursday a day after authorities summoned them and other gaming companies to ensure they enforce new rules for the industry. Tencent shares lost 4% in Asian trade. Hong Kong-listed shares of NetEase fell 6.45% after the company’s U.S. stocks fell 5% overnight. Hong Kong-listed shares of Bilibili fell more than 7%, also reflecting an overnight drop in US shares of the video-sharing and short-game company. Beijing last month decided to ban people under the age of 18 from playing video games for more than three hours a week....
