China Approves Licenses for 87 New Video Games in February

China’s online content regulator approved 87 new video games, with major players Tencent Holdings Ltd. (00700.HK), ByteDance Ltd., and XD Inc. (02400.HK) receiving licenses.

TikTok owner ByteDance obtained three licenses, with Meng Zhu Da Zuo Zhan (盟主大作战), a title from the firm's publisher Ohayoo, making the list as well as Ju Zhen Lin Jie: Shi Kong Bian Yuan (矩阵临界：失控边缘) from subsidiary Hainan Liyou Mutual Entertainment Technology Co. Ltd., according to the latest list issued Friday by the National Press and Publication Administration (NPPA).