The move allayed some investor concerns about the prolonged absence of approvals granted to tech giants in the country
SINGAPORE—Chinese videogame developer Tencent Holdings Ltd. won its first license for a new title since last June, allaying some investor concerns about the prolonged absence of approvals granted to tech giants in the country.
“Health Defense,” a mobile game for health education operated by a company controlled by Tencent executives including Chairman and Chief Executive Pony Ma, was among the 73 videogames that Beijing approved this month, according to a Tuesday statement from China’s National Press and Publication Administration.
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