Tencent, Netease Tumble on China Tech Crackdown

The Chinese government has intensified its regulatory crackdown on gaming companies, emphasizing the need to focus beyond profit. This move, driven by concerns over gaming addiction and content management, significantly impacts major players like Tencent and Netease. Additionally, the regulatory focus has expanded to include the quant business, citing concerns over market volatility and fairness. These developments pose challenges for investors and the gaming industry in China.

In what way is the gaming industry significant to China's overall revenue?

What concerns have been raised regarding the quant business in China?