Jinwu Financial News | Game software was under pressure in early trading. Wangchen Technology Holdings (02458) fell 3.44%, Dream World (01119) and Huoyan Holdings (01909) fell more than 2%, and Zulong Entertainment (09990) and Xindong (02400) fell more than 1%.
The China Internet Association introduced the “Administrative Requirements for Online Game Services for Minors” group standards, which for the first time proposed detailed refund standards and suggestions, clearly dividing the responsibility ratios of responsible parties such as online game service providers and guardians based on the fault circumstances of each party. In terms of online game spending amounts for minors, group standards are proposed to stipulate that online game companies must not provide game payment services to users under the age of 8. Among them, online game service providers that do not connect to the real-name authentication system or fail to implement recharge limit requirements, causing minors to overrecharge, will bear 100% responsibility.