China's Gaming Regulator Grants Approval For 58 Imported Online Games; The List Of Approved Games Includes Titles Belonging To Tencent And NetEase
Portfolio Pulse from Happy Mohamed
China's gaming regulator, the Press and Publication Administration, has granted approval for 58 imported online games. The list of approved games includes titles belonging to Tencent and Netease.
August 29, 2023 | 12:02 pm
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POSITIVE IMPACT
Netease's games have been approved by China's gaming regulator, potentially increasing the company's market share in China.
The approval of Netease's games by China's gaming regulator could lead to an increase in the company's market share and revenues in the short term. This is positive news for the company and could potentially lead to a rise in its stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
POSITIVE IMPACT
Tencent's games have been approved by China's gaming regulator, potentially increasing the company's market share in China.
The approval of Tencent's games by China's gaming regulator could lead to an increase in the company's market share and revenues in the short term. This is positive news for the company and could potentially lead to a rise in its stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50