TCEHY - Tencent Responds To China's Crackdown On Video Gaming Doesn't Anticipate Changes | Benzinga
China's top gaming regulator unveiled surprise draft rules targeting overspending and excessive online gaming during the Christmas period.
What Happened: New rules will impose spending limits on in-game purchases, forbid rewards for frequent log-ins, and ban content affecting national security.
In response to inquiries regarding the potential impact of the draft rules, Vigo Zhang, the vice president of Tencent Holdings Ltd. (OTC: TCEHY), affirmed that Tencent does not anticipate the necessity for "fundamental changes to its reasonable business model or operations" for games, Reuters reported.
See Also: Tencent's New Game 'DreamStar' Shakes Up the Gaming Scene: Will it Outshine NetEase's Smash Hit?
Zhang further highlighted the company's strict adherence ...