China approves 95 new video games in April, including Lost Soul Aside from Sony and NetEase’s Broken Land

Action role-playing game Lost Soul Aside received a licence for release on personal computers as well as for gaming consoles PlayStation 4 and 5, according to the NPPA list. NetEase’s Broken Land was previously known as Code 56. Photo: NetEase Tencent Holdings, which runs the world’s biggest video gaming business by revenue, received the regulator’s … Read more

South Korea’s major video gaming companies bet big on China’s continued openness to franchises with proven track record overseas

A version of this article was first published by The Korea Times in a partnership with the South China Morning Post. South Korea’s major video gaming companies see bright prospects for their operations in mainland China on the back of recently granted licences, according to industry insiders and analysts, after grappling with a regulatory crackdown … Read more

China approves 115 video games for January, the most in 18 months, in supportive sign after December market rout

China approved 115 new video game titles in the first month of 2024, the largest batch of approvals in 18 months, in a supportive gesture to the industry. Among this month’s approvals is a mobile game Tencent developed in collaboration with the American sport league National Basketball Association (NBA), which has a dedicated following in … Read more

China’s video gaming watchdog speaks out after draft spending rules roil market

“During the drafting process, we received suggestions from the government, industry associations and companies in many ways,” the National Press and Publication Administration told the China Press and Publication News, its official paper. “The regulator will take public concerns on the … clauses into account and amend the regulations accordingly,” it said, adding the draft … Read more

China to tighten controls on video gaming industry, prompting sell-off in Tencent and NetEase shares

The proposed regulation immediately prompted investors to dump shares in major Chinese video gaming stocks. Tencent Holdings, the world’s largest video gaming company by revenue, saw its shares close down 12 per cent to HK$274 on Friday, wiping out about HK$300 billion worth of value, while NetEase lost 27 per cent in pre-market trading in … Read more