China grants licences for 67 online games in July (updated)

iDreamSky Technology Holdings

12/07/2022 13:36

(Adds detail)
    HONG KONG, July 12 (Reuters) - China's gaming regulator on
Tuesday granted publishing licences for 67 online games,
including titles belonging to developers Youzu Interactive
 002174.SZ  and iDreamSky  1119.HK .
    Industry giants Tencent  0700.HK  and NetEase  9999.HK 
 NTES.O  did not receive licences in the July batch, nor in the
two previous batches in April and June.
    The release of the July list provides relief for firms in
the world's largest gaming industry, which have been battered by
new regulations and a lengthy suspension of gaming approvals.
    The National Press and Public Administration (NPPA) ended a
nearly nine-month freeze on granting new licences in April, but
did not publish a new list in May. Last month, it granted
publishing licenses to 60 games.  urn:newsml:reuters.com:*:nL1N2XU0UZ
    Unlike many other countries, China restricts the number of
video games available by allotting a limited number of game
licences. Previously it published regular monthly lists of
approvals.

 (Reporting by Josh Ye and Meg Shen; Editing by Louise Heavens
and Jan Harvey)
 ((meg.shen@thomsonreuters.com; 852-39525805;))