Tencent Holdings Ltd (0700)

[donmihaihai]

Surely a good sign of undervalued country specific market! Haha.

It is getting easier to shoot in the barrel!

I find below from Duan Yongping take on gaming draft rules to be interesting (translated using WeTranslate):
The nature of games is that people need somewhere to spend their time, and online games are the cheapest place to have fun and spend time. Nothing can stop people from playing games, otherwise what you let everyone do? But the quality of the games are many, playing mahjong is one of them. Net net, standardization to prevent certain people eager for quick success and instant benefit & profiteering is pretty good actually. In the long run, this kind of regulation is definitely good for good quality gaming companies.

Direct link in Chinese:
https://xueqiu.com/1247347556/272166720

A free to play gamer ride on paying gamer. A gamer who spends money easily is certainly better than a controlled payer. The cost of development and maintaining a game should be relatively fixed based on the game and number of players. The kick come when players spend more or crazy gamers. 

It is like a cat and mouse game. If this route to monetize the game is blocked, I will bet developers will come out with new methods. Perhaps the reality show of Chineses playing hide and seek with their government on the internet will repeat here. Fun to watch I bet. 

But well, I know nothing about this subject.