Tencent’s Pony Ma Loses $3 Billion After State Media Calls Online Games ‘Spiritual Opium’

Chinese internet tycoon Ma Huateng, also known as Pony Ma, lost $3.2 billion in one day after state media lambasted online games in an unusually harsh editorial, fueling fears that his gaming giant Tencent and others could come under heightened scrutiny.
Chinese internet tycoon Ma Huateng, also known as Pony Ma, lost $3.2 billion in one day after state media lambasted online games in an unusually harsh editorial, fueling fears that his gaming giant Tencent and others could come under heightened scrutiny.