News Snapshot:
China’s publication regulator granted licences to 67 video games on Tuesday in its third and biggest approval of new titles for smartphones, personal computers and consoles in mainland China since the end of an eight-month hiatus. Tencent Holdings and NetEase , the two technology giants that dominate China’s US$49 billion video gaming market, were once again excluded from the list, continuing a year-long drought, according to the list released on Tuesday by the National Press and Publication Administration (NPPA), China’s top watchdog for video games and other online media. Tencent’s shares have slumped 26.8 per cent in Hong Kong since...
