Chinese game streaming firm DouYu says police arrested founder Chen Shaojie on unspecified charges on or around November 16, confirming reports; DOYU drops 7%+ (Zheping Huang/Bloomberg)

Chinese game streaming firm DouYu says police arrested founder Chen Shaojie on unspecified charges on or around November 16, confirming reports; DOYU drops 7%+ (Zheping Huang/Bloomberg)

Zheping Huang / Bloomberg:
Chinese game streaming firm DouYu says police arrested founder Chen Shaojie on unspecified charges on or around November 16, confirming reports; DOYU drops 7%+  —  – Douyu’s shares slide more than 7% in pre-market trading  — Beijing has periodically clamped down on internet content