Citi: Scale of Game License Approvals Hits 5-Yr High; CN Regulators Support Healthy Development of Online Gaming Industry
AASTOCKS News·
- China's National Press and Publication Administration approved 197 game licenses, the largest batch in five years, comprising 193 domestic and 4 imported games.
- This approval ahead of the summer peak and ChinaJoy exhibition indicates ongoing regulatory support for the online gaming industry.
- Market leaders like TENCENT and NTES are expected to utilize their robust game pipelines and R&D capabilities for sustainable growth.
