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China’s raft of new measures limiting players’ spending on video games sent ripples through stock markets across the globe on Friday.
Prosus NV fell as much as 20% in Amsterdam trading, erasing €15.5 billion ($17.1 billion) of market value at one point, after the regulator’s draft rules dealt a blow to the value of the company’s holding in Chinese internet giant Tencent Holdings Ltd. South African parent Naspers Ltd. also slumped by a fifth.
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