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BUSINESS & TECH

Tencent Plays Defense in Addiction Claims Over Blockbuster Game

By April Ma
Tencent Holdings Ltd.’s shares skidded on Tuesday after the company said it would limit youngsters' playing time for the online game
Tencent Holdings Ltd.’s shares skidded on Tuesday after the company said it would limit youngsters' playing time for the online game "Honour of Kings." Above, a child plays "Honour of Kings" on July 2. Photo: IC

(Beijing) — Shares of internet giant Tencent tumbled on Tuesday as the creator of a mobile game that has mesmerized teens and young adults nationwide responded to criticism by limiting play time for younger players.

Tencent Holdings Ltd.’s shares slid as much as 5% during the daily trading session in Hong Kong before closing down 4.1%, wiping out more than $4 billion in market value.

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