Luyuan Fan, Chairman and Chief Executive Officer of Alibaba Digital Media and Entertainment, announced that he will be in charge of Lingxi Games on behalf of $阿里巴巴-SW(09988.HK)$ , according to LatePost.
Lingxi Games will continue to operate independently as an N company in the future, according to Fan's letter to all employees.
Lingxi Games is a game development, operation and authorized publication platform of BABA, w...

$哔哩哔哩-W(09626.HK)$ rose by 19%, $飞鱼科技(01022.HK)$ and $网易-S(09999.HK)$ rose by 6%, $腾讯控股(00700.HK)$ and $心动公司(02400.HK)$ rose by 5%, $创梦天地(01119.HK)$ rose by 4%, and $网龙(00777.HK)$ rose by 3%.
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港股手游股多数低开，腾讯控股跌近4%，网易跌近6.38%，消息面上，中央宣传部、国家新闻出版署有关负责人约谈腾讯、网易等游戏企业和平台。
Mobile games-related firms performing weaker on Thursday.
The government warned firms that do not adequately implement regulations will be severely punished.
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证券时报发表评论文章称，游戏作为文化娱乐的一种休闲方式，能在中国发展成数千亿元的大产业，是我国长期鼓励新兴产业发展壮大的硕果，当然也有美中不足之处，要在行业发展中保护好青少年，在游戏设置上防止过度花钱，过度沉迷。另外，游戏行业作为软件服务业享受税收优惠，也受到诟病，在税收上游戏行业也应该向传统行业适度看齐。
The Securities Times said in a commentary that the game industry as a software service industry enjoys tax benefits, but it is also criticized as more and more adolescents being addicted to games. Therefore, tax on game industry should be moderately similar to the traditional industry.
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