Beijing: China<\/a> has approved the release of dozens of new video games<\/a>, boosting the shares of some of its biggest tech firms Wednesday in hopes that a long-running and painful crackdown on the sector is easing. 北京:中国已批准的释放数十种新视频游戏,增加一些最大的科技公司的股票周三在希望长期而痛苦的打击该行业正在缓和。
The announcement follows a report in The Wall Street Journal<\/a> on Monday that said regulators were wrapping up their investigation into ride-hailing giant Didi<\/a> and will allow it to register new users.
Officials in China -- the world's biggest gaming<\/a> market -- rolled out a series of restrictions last year as part of a sweeping government campaign to rein in huge tech firms.
They capped the amount of gaming time for children with the stated aim of fighting addiction and froze approvals for new games for nine months, hammering the bottom lines of many companies including sector titan<\/a> Tencent<\/a>.
China's National Press and Publication Administration said Tuesday it had approved 60 new games, following the year's first batch of approvals in April.
Titles from Tencent or rival NetEase<\/a> were not among the latest approvals, but they did include games from Perfect World and miHoYo -- developer of the international hit \"Genshin Impact\".
\"We are delighted to see established studios such as Perfect World, Shengqu Games, MiHoYo, and Changyou obtained approval titles this time, which we believe could indicate higher possibilities for Tencent's and NetEase's titles to be approved in coming batches,\" said Citi analysts in a note.
\"The approval announcement will also send a positive signal of policy support to the overall China Internet sector.\"
Chinese tech stocks surged in Hong Kong on the news, building on the positive sentiment among investors and analysts after the report on Didi earlier in the week.
At the break in Hong Kong, Tencent was up 4.7 percent while NetEase climbed 2.9 percent
The gaming news also boosted other major tech stocks -- Hong Kong market heavyweight Alibaba<\/a> was up more than eight percent and JD.com piling on more than four percent.
During the clampdown, hundreds of Chinese game makers pledged to scrub \"politically harmful\" content from their products and enforce curbs on underage players to comply with government demands.
China's economy, the world's second-largest, has been hammered in recent months by a series of major Covid lockdowns, and the government has rolled out a series of measures to resuscitate it.
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此前的报道华尔街日报》周一称,监管者ride-hailing巨头结束他们的调查迪迪并将允许新用户注册。
官员在中国——世界上最大的游戏市场,推出了一系列限制去年的大规模政府运动控制巨大的科技公司。
他们限制孩子的游戏时间,其目的是对抗成瘾和冻结审批新的游戏了九个月,锤击许多公司的底线,包括部门泰坦腾讯。
标题从腾讯或竞争对手网易没有最新的审批,但他们确实包括游戏完美的世界和miHoYo——开发人员的国际“源影响”。
“我们很高兴看到建立工作室等完美的世界里,Shengqu游戏,MiHoYo,畅游标题这一次获得批准,我们相信可以显示更高的可能性腾讯和网易的标题被批准在未来批次,”花旗分析师在一份报告中说。
“批准公告也会发出一个积极信号整个中国互联网行业的政策支持。”
中国科技股在香港的新闻飙升,投资者和分析师之间的积极情绪的基础上报告后迪迪在本周早些时候。乐动扑克
在香港,打破腾讯上涨了4.7%,而网易股价上涨2.9%
游戏新闻也推动了其他大乐动扑克型科技股——香港市场的重量级人物阿里巴巴上涨了超过百分之八,JD.com在堆积超过百分之四。
在压制,数以百计的中国游戏厂商承诺取消“政治有害”内容与他们的产品和实施限制未成年玩家符合政府的要求。
中国经济是世界第二大,近几个月重创了一系列重大Covid封锁,并且政府已经推出了一系列的措施来恢复它。
Beijing: China<\/a> has approved the release of dozens of new video games<\/a>, boosting the shares of some of its biggest tech firms Wednesday in hopes that a long-running and painful crackdown on the sector is easing.
The announcement follows a report in The Wall Street Journal<\/a> on Monday that said regulators were wrapping up their investigation into ride-hailing giant Didi<\/a> and will allow it to register new users.
Officials in China -- the world's biggest gaming<\/a> market -- rolled out a series of restrictions last year as part of a sweeping government campaign to rein in huge tech firms.
They capped the amount of gaming time for children with the stated aim of fighting addiction and froze approvals for new games for nine months, hammering the bottom lines of many companies including sector titan<\/a> Tencent<\/a>.
China's National Press and Publication Administration said Tuesday it had approved 60 new games, following the year's first batch of approvals in April.
Titles from Tencent or rival NetEase<\/a> were not among the latest approvals, but they did include games from Perfect World and miHoYo -- developer of the international hit \"Genshin Impact\".
\"We are delighted to see established studios such as Perfect World, Shengqu Games, MiHoYo, and Changyou obtained approval titles this time, which we believe could indicate higher possibilities for Tencent's and NetEase's titles to be approved in coming batches,\" said Citi analysts in a note.
\"The approval announcement will also send a positive signal of policy support to the overall China Internet sector.\"
Chinese tech stocks surged in Hong Kong on the news, building on the positive sentiment among investors and analysts after the report on Didi earlier in the week.
At the break in Hong Kong, Tencent was up 4.7 percent while NetEase climbed 2.9 percent
The gaming news also boosted other major tech stocks -- Hong Kong market heavyweight Alibaba<\/a> was up more than eight percent and JD.com piling on more than four percent.
During the clampdown, hundreds of Chinese game makers pledged to scrub \"politically harmful\" content from their products and enforce curbs on underage players to comply with government demands.
China's economy, the world's second-largest, has been hammered in recent months by a series of major Covid lockdowns, and the government has rolled out a series of measures to resuscitate it.
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