Tencent shares fall more than 2pc after China tightens rules for young video gamers

Shares of Tencent Holdings Ltd (0700.HK) dropped more than 2% on Tuesday, after China announced new rules for young video gamers.

That compared to a 0.4% slide in the benchmark Hang Seng Index (.HSI) and a 0.6% gain in Hang Seng Tech Index (.HSTECH).

China announced on Monday rules forbidding under-18s from playing video games for more than three hours a week, a stringent social intervention that it said was needed to pull the plug on a growing addiction to what it once described as "spiritual opium". -- Reuters