--- title: "Understanding the Market | Most gaming stocks declined, with KINGSOFT and TENCENT both falling over 3%" type: "News" locale: "en" url: "https://longbridge.com/en/news/282496295.md" description: "Game stocks generally fell, with KINGSOFT down 3.22% to HKD 22.24, and TENCENT down 3.07% to HKD 489. The market is focused on rumors regarding the \"new regulations for game license approvals,\" but industry insiders claim there are no new regulatory changes, and the overall tone remains optimistic. CMB International expects TENCENT's first-quarter performance to be stable, with total revenue increasing by 10% year-on-year to CNY 198.4 billion, and net profit under non-International Financial Reporting Standards increasing by 9% year-on-year to CNY 66.8 billion, benefiting from core gaming and marketing operations, while AI investments impact short-term profit margins" datetime: "2026-04-13T06:36:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282496295.md) - [en](https://longbridge.com/en/news/282496295.md) - [zh-HK](https://longbridge.com/zh-HK/news/282496295.md) --- # Understanding the Market | Most gaming stocks declined, with KINGSOFT and TENCENT both falling over 3% According to Zhitong Finance APP, most gaming stocks have declined. As of the time of publication, Kingsoft (03888) fell by 3.22% to HKD 22.24; Tencent (00700) dropped by 3.07% to HKD 489; and Chanyou Technology (02660) decreased by 1.57% to HKD 2.5. In terms of news, recently, content regarding "new regulations for game license approvals: palace intrigue, official battles, and card games will not be accepted" has been circulated on some online platforms, attracting widespread attention from the market and the industry. According to the 21st Century Business Herald, a senior game industry practitioner in Shenzhen stated in an interview with reporters that the content circulating online is based on regulations that have been in effect since 2019, and there have been no new regulatory changes in the gaming industry recently. "The overall tone of the gaming industry remains relatively positive and optimistic," he further stated. In addition, CMB International indicated that it expects Tencent's performance in the first quarter of this year to be stable, with total revenue expected to grow by 10% year-on-year to RMB 198.4 billion (the same below), and net profit under non-International Financial Reporting Standards expected to grow by 9% year-on-year to RMB 66.8 billion, mainly driven by strong core gaming and marketing promotion businesses, although partially offset by increased AI investments. The firm noted that Tencent's core business continues to benefit from AI and maintains strong growth momentum. Although AI investments impact short-term profit margins, they also create short-term catalysts and can empower core businesses in the long run ### Related Stocks - [TCTZF.US](https://longbridge.com/en/quote/TCTZF.US.md) - [159869.CN](https://longbridge.com/en/quote/159869.CN.md) - [TCEHY.US](https://longbridge.com/en/quote/TCEHY.US.md) - [516010.CN](https://longbridge.com/en/quote/516010.CN.md) - [GAMR.US](https://longbridge.com/en/quote/GAMR.US.md) - [HERO.US](https://longbridge.com/en/quote/HERO.US.md) - [03888.HK](https://longbridge.com/en/quote/03888.HK.md) - [00700.HK](https://longbridge.com/en/quote/00700.HK.md) - [517770.CN](https://longbridge.com/en/quote/517770.CN.md) ## Related News & Research - [China Ruyi deepens Tencent partnership with new game and content deals](https://longbridge.com/en/news/281880941.md) - [Netflix (NFLX) Kicks Off 'Playground' App for Ad-Free Kids Gaming](https://longbridge.com/en/news/281878651.md) - [Amazon Luna axes third-party game purchases](https://longbridge.com/en/news/282374522.md) - [Roblox to introduce age-based accounts in child safety push](https://longbridge.com/en/news/282542358.md) - [Netflix Playground Aims To Deepen Family Engagement And Support Subscriber Retention](https://longbridge.com/en/news/281917233.md)