China’s Video Game Regulator Issues Fresh Licenses in Positive Sign for Recovering Industry

China’s game licensing regulator green-lit a fresh batch of titles for market for the third time in as many months, adding certainty for firms like Tencent Holdings Ltd. and NetEase Inc. after years of sporadic approval freezes.

The National Press and Publication Administration (NPPA) issued 88 domestic game licenses for January on Tuesday, four more than in December. The latest approvals include games from Tencent, NetEase, miHoYo Co. Ltd. and Perfect World Co. Ltd., some of which had years of testing and have amassed millions of pre-registrations from prospective players.