China's Game Approval List Continues To Miss Leading Names Like Tencent, NetEase - NetEase (NASDAQ:NTES),

China's gaming regulator granted publishing licenses to 60 games, Reuters reports.
However, the list missed titles belonging to leading players, like Tencent Holding Ltd (OTC:TCEHY) and NetEase, Inc (NASDAQ:NTES).
The list also missed foreign titles, extending the dry spell for imported video games.
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China bypassed the list for May for reasons undisclosed.
The April list also missed titles belonging to Tencent and Bilibili Inc (NASDAQ:BILI).
China stopped approving game monetization licenses in July 2021 to contain teenager obsession.
China had previously suspended gaming approval in 2018.
Price Action: NTES shares traded lower by 1.17% at $102.56 on the last check Tuesday.

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