China’s gaming giants Tencent, NetEase miss out on first round of new license approvals by government


By Zen Soo

NetEase's game Survival In The Wilderness. The list of newly approved games was dominated by small and medium developers, with no titles from Tencent and NetEase.

Chinese regulators have approved a new batch of videogaming licences that end a months-long suspension on new games, but titles from China’s biggest gaming companies Tencent and NetEase failed to make the list.

The State Administration of Press, Publication, Radio, Film and Television (SAPPRFT) on Dec 29 published a list of 80 approved titles on its website, the first since March amid a government restructuring. The nine-month freeze put a damper on the gaming industry and hammered the stock prices of gaming firms like Tencent and NetEase.

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