Chinese internet tycoon Ma Huateng, also known as Pony Ma, lost $3.2 billion in one day after state media lambasted online games in an unusually harsh editorial, fueling fears that his gaming giant Tencent and others could come under heightened scrutiny.
Tencent's Pony Ma Loses $3 Billion After State Media Calls Online Games 'Spiritual Opium'
Forbes - 3 Aug 2021 14:21
Chinese internet tycoon Ma Huateng, also known as Pony Ma, lost $3.2 billion in one day after state media lambasted online games in an unusually harsh editorial, fueling fears that his gaming giant Tencent and others could come under heightened scrutiny.
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