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

📆 2023-03-21 16:00:00
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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.

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