(Bloomberg) -- Chinese regulators summoned gaming companies including Tencent Holdings Ltd. and Netease Inc. to discuss further oversight of the industry and the need to deemphasize profits, prompting a steep share selloff.Tencent, the country’s largest gaming company, dived as much as 6.7%, on track for its biggest fall since July, while smaller rival Netease fell as much as 7.7%.The Publicity Department of the Communist Party of China’s Central Committee, the National Press and Publication Adm
They hate it because they've convinced themselves that the greed of capitalism is actually due to communist corruption
So this is just going to make tencent more gommulist :gamer-gulag: