The planned restrictions were meant to discourage people from playing #VideoGames by limiting in-game spending and restricting daily login rewards.

The move, however, rattled markets and sparked a massive sell-off in gaming stocks

#China has fired a top official after proposed #VideoGame restrictions unleashed a #MarketMeltdown of epic proportions
https://www.businessinsider.com/china-fires-official-after-video-game-crackdown-spooked-markets-2024-1

China fires official after video game crackdown spooked markets

Feng Shixin had oversight of China's video game regulator. He has been removed from his position, according to Reuters.

Insider