After Nine-Month Freeze, China Approves New Video Game Licenses

Tencent Holdings and NetEase, which run China’s two biggest video game operations, received their first new game licences after a nine-month freeze by Chinese regulators, removing the cloud of uncertainty over these firms’ main revenue source. The State Administration of Press and Publications (SAPP) on Thursday published a list of 95 approved titles that it reviewed on January 13, marking the fourth round of game approvals since the government resumed granting new licences in December.