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China tech

China regulator to extend youth time limits to videos and WeChat

New draft regulation accelerates sell-off in technology stocks

Chinese gaming platforms last year were forced to limit users under age 18 to play during three specified hours each week.   © AP

HONG KONG -- China's top internet regulator signaled on Monday that streaming services, social networks and online messaging services will have to restrict children's usage as online gaming platforms were made to do last year.

The release of an updated regulatory draft from the Cyberspace of Administration of China (CAC) accelerated a steep sell-off in the shares of Chinese internet companies that began on Thursday in New York after a few biotechnology companies were notified about their pending U.S. delisting.

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