China Approves More Video Games in Sign of Further Easing on Sector

What’s new: China approved more publishing licenses for new video games in January than last month, reinforcing hopes that Beijing will further ease its clampdown on the industry after proposed tighter restrictions sent investors fleeing from gaming stocks in December.

The National Press and Publication Administration (NPPA) on Friday issued a new list of 115 domestic titles cleared for smartphones, consoles and personal computers from companies including Shenzhen ZQGame Co. Ltd. (300052.SZ) and 37 Interactive Entertainment Network Technology Group Co. Ltd. (002555.SZ). The figure marks a slight uptick from December, when the NPPA approved 105 new titles for sale in China.