guangzhou china major chinese gaming stocks rallied on wednesday despite new rules restricting gaming time for children under 18 years old on monday chinese regulators announced that minors would only be allowed to play online games for three hours a week a dramatic tightening of previous regulations investors have shrugged off concerns and continued to buy some of chinas major gaming names hong konglisted shares of bilibili closed 625 higher and netease was up 642 on wednesday meanwhile tencent rose 15 for the day huyas shares which are listed in the us closed 7 higher on tuesday companies and analysts have said the new regulations are not likely to have a big financial impact on chinas gaming companies netease said tuesday that less than 1 of its revenue comes from under18s gaming is neteases biggest business by revenue analysts at investment bank jefferies said in a note this week that it estimates about 5 of tencents gaming revenue comes from minors under 18 years old gaming regulations were thrust back into the spotlight last month when a chinese staterun publication affiliated to the official xinhua newspaper published an article which called gaming opium the story was later taken down and republished with references to the drug removed suggesting it may not have aligned totally with beijings thinking regulations on the gaming sector are not new the chinese government has been concerned about addiction and eye problems among youngsters for some time now in 2018 regulators froze the approvals of new games which hit companies like tencent and netease chinas gaming giants have sometimes tried to preempt regulators by putting in policies ahead of regulations in july tencent said it would require gamers to do a facial recognition scan on their phone to verify if they were adults so that children couldnt flout the restrictions on their play time