Tencent, Nexon Soar After Approval for Marquee Game

(Bloomberg) — Tencent Holdings Ltd. and Nexon Co. Ltd. surged after Chinese regulators approved their Mobile DnF game, a long-anticipated marquee title that had failed to pass regulatory muster for years.

Tencent, which developed the title jointly with its Korean partner, gained as much as 5.9% Friday in Hong Kong, its most since July. Nexon traded limit-up in Tokyo, set for a record daily gain of more than 20%.