China lifts ban from second batch of video games, Tencent still not approved
6 years ago

China lifts ban from second batch of video games, Tencent still not approved

Firstpost  

This is the second such list in a fortnight after China gave nod to 80 video games in December. Chinese authorities have greenlit a second batch of video games after a freeze for most of last year, though once again there was no mention of industry leader Tencent Holdings Ltd on the list of approved titles. According to a list from China’s broadcasting watchdog - the State Administration of Press, Publication, Radio, Film and Television - 84 new video games have been approved. The freeze on new approvals had spooked companies in the world’s largest gaming market, where an estimated 620 million players spent $37.9 billion last year, mostly on mobile and PC games, according to gaming market research firm Newzoo. China stopped approving new titles from March 2018 amid a regulatory overhaul triggered by growing criticism of video games for being violent and leading to myopia as well as addiction among young users.

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History of this topic

China approves 105 online games after draft curbs trigger massive losses
1 year ago

China approves 105 online games after draft curbs trigger massive losses

Associated Press  

BANGKOK — China’s press and publications authority has approved 105 new online games, saying it fully supports the industry after proposed curbs caused massive losses last week for investors in major games makers. The National Press and Publication Administration issued a statement on its WeChat social media account Monday saying the approvals by the Game Working Committee of China Music …

China’s video game makers come in from the cold as crackdown eases
1 year, 11 months ago

China’s video game makers come in from the cold as crackdown eases

The Hindu  

China's end to a sweeping crackdown on its video games market is expected to breathe life back into the battered industry this year, but remaining restrictions on some content and economic headwinds will limit the extent of the recovery. Shares of Tencent, the world's largest gaming company, and NetEase rose this week after China's video games regulator granted the first …

Tencent profit halves as crackdown, COVID-19 weigh
2 years, 7 months ago

Tencent profit halves as crackdown, COVID-19 weigh

Al Jazeera  

The world’s largest video game company said ad sales slumped 18 percent in the first quarter ending March 31. The operator of the WeChat messaging platform and the world’s largest video game company said ad sales slumped 18 percent in the first quarter ended March 31, following a 13 percent drop in the October-December period. In a call with analysts, …

Tencent to block Chinese gamers' access to foreign, unapproved games
2 years, 9 months ago

Tencent to block Chinese gamers' access to foreign, unapproved games

The Hindu  

Tencent Holdings Ltd said it will shut down a service that allowed Chinese gamers to access overseas platforms to play unapproved foreign games, in a sign of tightening compliance as Chinese regulators more closely scrutinize the industry. The country's largest social and gaming firm said late on Wednesday it will on May 31 update its games speed booster mobile and …

China slows game approvals to enforce tough new rules
3 years, 3 months ago

China slows game approvals to enforce tough new rules

The Hindu  

China is reviewing new games to ensure they meet stricter criteria for content and protection of children, Bloomberg News said on Thursday, citing people familiar with the matter. The media watchdog is re-evaluating titles submitted for approval by game developers from Tencent Holdings Ltd to Netease Inc to make sure they comply with fresh curbs imposed in August, the report …

Explained | Why and how China is drastically limiting online gaming for under 18s
3 years, 4 months ago

Explained | Why and how China is drastically limiting online gaming for under 18s

The Hindu  

China on Monday introduced new rules that limit the amount of time under-18s can spend on video games to three hours a week, a move it said was necessary to combat gaming addiction. The National Press and Publication Administration, the regulator which approves video game titles, said on Monday the new rules were a response to growing concern that games …

ANALYSIS: China extends control with online gaming crackdown
3 years, 4 months ago

ANALYSIS: China extends control with online gaming crackdown

Associated Press  

BEIJING — Hugely popular online games and celebrity culture in China are the latest targets in the ruling Communist Party’s campaign to encourage the public to fall in line with its vision for a powerful, more wholesome country. “This appears to be part of China’s push to ensure that the government is front and center in all aspects of its …

China bans kids from playing online video games during the week
3 years, 4 months ago

China bans kids from playing online video games during the week

CNN  

Hong Kong/Beijing CNN Business — China has barred online gamers under the age of 18 from playing on weekdays and limited their play to justthree hours most weekends, marking a significant escalation of restrictions on the country’s massive gaming industry. “That said, we believe this will still represent another setback to the industry and potentially send another wave of negative …

China forbids minors from gaming more than three hours per week
3 years, 4 months ago

China forbids minors from gaming more than three hours per week

Al Jazeera  

Tencent and NetEase can only offer online gaming to minors from 8pm to 9pm on Fridays, weekends and holidays. China will limit the amount of time children can play videogames to just three hours most weeks, a dramatic escalation of restrictions which dealt a blow to the world’s largest mobile gaming market, as Beijing signaled it would continue a campaign …

Tencent limits gaming for kids after official media critique
3 years, 5 months ago

Tencent limits gaming for kids after official media critique

Associated Press  

HONG KONG — China’s biggest gaming company, Tencent Holdings, said Tuesday it will limit gaming time for minors and ban children under age 12 from making in-game purchases after a state media article called games “spiritual opium.” Tencent’s pledge to curb gaming for minors came hours after the company’s stock plunged as much as 11% following a critique published by …

Tencent vows fresh gaming curbs after 'spiritual opium' attack zaps $60 billion
3 years, 5 months ago

Tencent vows fresh gaming curbs after 'spiritual opium' attack zaps $60 billion

The Hindu  

China's Tencent Holdings Ltd said on Tuesday it would further curb minors' access to its flagship video game, hours after its shares were battered by a state media article that described online games as "spiritual opium". Economic Information Daily cited Tencent's "Honor of Kings" in an article in which it said minors were addicted to online games and called for …

China’s Tencent faces concessions to win green light for giant videogaming merger
3 years, 9 months ago

China’s Tencent faces concessions to win green light for giant videogaming merger

The Hindu  

Chinese internet giant Tencent Holdings Ltd is having to offer concessions in a plan to merge the country's top two videogame live-streaming sites in order to resolve antitrust concerns, two people with knowledge of the matter told Reuters. Tencent is Huya's biggest shareholder with 36.9% and also owns over a third of DouYu, with both firms listed in the United …

China strongly opposes India's ban on 118 more mobile apps including PUBG: Report
4 years, 4 months ago

China strongly opposes India's ban on 118 more mobile apps including PUBG: Report

India Today  

China's commerce ministry said on Thursday it strongly opposed India banning Chinese mobile apps. India has banned another 118 mostly Chinese mobile apps including Tencent Holdings Ltd's popular videogame PUBG, citing data security concerns. India first banned 59 Chinese apps, including ByteDance's popular video-sharing app TikTok, Tencent's WeChat and Alibaba's UC Browser, in June. That move, which India's technology minister …

China imposes online gaming curfew for minors in bid to fight addiction
5 years, 2 months ago

China imposes online gaming curfew for minors in bid to fight addiction

CNN  

Hong Kong CNN — China has announced a curfew on online gaming for minors among new measures aimed at curbing video game addiction. The official government guidelines will be applied to all online gaming platforms operating in the country, mostly notably Tencent, the world’s biggest gaming company. China is the world’s largest gaming market, accounting for a quarter of global …

PUBG gets digital lock that needs guardian to unlock game for under-13 years players
5 years, 10 months ago

PUBG gets digital lock that needs guardian to unlock game for under-13 years players

Firstpost  

Chinese gaming giant Tencent on Friday announced new curbs on underage video-game playing as part of a government crackdown on youth gaming addiction that has cast a cloud over the company’s biggest revenue source. Tencent said it had imposed a digital lock on some games that require players under 13 years to ask their guardians to open. The government last …

Tencent gaming: Regulators finally approve new titles from the Chinese tech giant
5 years, 11 months ago

Tencent gaming: Regulators finally approve new titles from the Chinese tech giant

CNN  

Hong Kong CNN Business — Tencent is back in the game in China. After a nine-month freeze that hammered Tencent ’s stock price, Chinese authorities have started allowing the internet company to make money off new mobile games again. China’s State Administration of Press and Publications began issuing new game licenses late last month, wading into an estimated backlog of …

China approves release of 80 online video games after an eight month freeze
6 years ago

China approves release of 80 online video games after an eight month freeze

Firstpost  

China on Saturday approved the release of 80 online video games after a freeze on such approvals for most of the year. However, the approved titles, listed on the website of the State Administration of Press, Publication, Radio, Film and Television, did not include games from industry leader Tencent Holdings Ltd. China, the world’s biggest gaming market, stopped approving new …

China’s video game freeze knocks Tencent out of top 10 biggest companies
6 years, 3 months ago

China’s video game freeze knocks Tencent out of top 10 biggest companies

CNN  

New York CNN Business — China’s crackdown on video games has hammered one of its most valuable companies. China is the world’s biggest gaming market, and Tencent is the world’s biggest gaming company. But the uncertainty over when the Chinese government will start approving new game licenses again remains a key problem for Tencent shares, analysts at investment bank Daiwa …

Tencent loses $20 billion in value after China attacks myopia with gaming curbs
6 years, 4 months ago

Tencent loses $20 billion in value after China attacks myopia with gaming curbs

Live Mint  

Hong Kong/Beijing: Tencent Holdings’ market value slumped by around $20 billion on Friday after China intensified a crackdown on online gaming citing rising levels of myopia, heightening regulatory risks for companies in the world’s biggest gaming market. The limits came around the same time as Tencent drew scrutiny from China’s communist party mouthpiece, the People’s Daily, which described “Honour of …

Profit at China's Tencent falls for first time in 13 years
6 years, 5 months ago

Profit at China's Tencent falls for first time in 13 years

The Telegraph  

Chinese technology giant Tencent unveiled its first profit fall in 13 years after a sluggish performance from its mobile gaming division. Tencent, the second most valuable firm listed in Asia and one of the largest constituents of the MSCI Emerging Market index, blamed the slowdown in growth on weak sales of some of its popular gaming titles. The poor performance, …

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