China's Game Approval List Continues To Miss Leading Names Like Tencent, NetEase

• China's gaming regulator granted publishing licenses to 60 games, Reuters reports.
• However, the list missed titles belonging to leading players, like Tencent Holding Ltd (OTC:TCEHY) and NetEase, Inc (NASDAQ:NTES).
• The list also missed foreign titles, extending the dry spell for imported video games.
• Also Read: Here's Why DiDi, And These Two Chinese Stocks Are Trading Higher Today
• China bypassed the list for May for reasons undisclosed.
• The April list also missed titles belonging to Tencent and Bilibili Inc (NASDAQ:BILI).
• China stopped approving game monetization licenses in July 2021 to contain teenager obsession.
• China had previously suspended gaming approval in 2018.
• Price Action: NTES shares traded lower by 1.17% at $102.56 on the last check Tuesday.