China grants licences to 67 online games in July
Titles belonging to Tencent or NetEase Inc were not on the approved list.
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Titles belonging to Tencent or NetEase Inc were not on the approved list.
Share surges more than 5%, joining the rest of China’s gaming industry in a rally after regulators approved the country’s first batch of new titles in more than eight months.
Webgame Market Next Big Thing | Major Giants Youzu Interactive, Travian Games, Auxano Global Services
Webgame Market Next Big Thing | Major Giants Youzu Interactive, Travian Games, Auxano Global Services
China shares fell on Thursday, as investors took cues from state media reports to dump online gaming companies, fertilizer producers and spirit makers, worried these sectors could be the next target of a government crackdown.