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Game stocks sink in Tokyo, Hong Kong and US on Beijing policy

Capcom, Tencent and Nexon suffer as outlook dims for new releases

China will curb the amount of time children play online games to combat the incidence of vision problems.    © Reuters

TOKYO -- Shares of game developers around the world have taken a hit following Beijing's move to set new limits on online games to fight childhood visual impairment.

In Tokyo, Capcom slumped as much as 7% during trading on Friday, closing down 3.4%. Nexon, which generates more than 40% of its sales in China, lost 5% at one point before ending 2% lower. Bandai Namco Holdings and Konami Holdings fell 0.6% and 1.4%, respectively.

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