China imports 27 foreign video games as it reopens market to global titles | CNN Business

  • 📰 cnni
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 59%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

China has approved 27 foreign video games, including titles to be released by Tencent, NetEase and Bilibili, as it gradually reopens the world’s largest mobile entertainment market to international titles.

It was the second batch of foreign games to be allowed to enter the Chinese market since December. The latest titles include “Seven Deadly Sins: Grand Cross,” a popular global role-playing game from South Korea’s Netmarble, and “Merge Mansion,” a mobile merge game from Finland’s Metacore, according to a list published by the National Press and Publication Administration on Monday. Tencent \n \n will distribute the two games in mainland China.

It last jumped 5.4%. XD advanced 2.8%. iDreamSky Technology was up 3.2%. “We believe this implies a more supportive regulatory policy towards foreign titles that further support a healthier and normalized development of online gaming industry going forward,” said Citi analysts on Tuesday. “We expect there could be two to three more imported batches in 2023, bringing total imported titles to 100 to 120.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

How are games released by tencent foreign...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 326. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'China's MATIC' Conflux (CFX) Is Officially Unicorn as $1 Billion Market Cap Is Achieved'Chinese MATIC' Conflux $CFX hits $1 billion in market cap as price doubles in week confluxnetwork conflux cfx matic polygon china $matic
Source: Utoday_en - 🏆 295. / 63 Read more »