News Snapshot:
China’s gaming regulator on Monday granted publishing licenses to 45 games belonging to the likes of Baidu and XD Inc’s “Party Star”, ending a nine-month-long freeze that has dealt a blow to many of the country’s tech giants. The National Press and Public Administration published the list on its website. Reuters reported that China had granted a license to XD “Party Star” earlier in the day. Other companies whose games received licenses included iDreamSky, 37Games, a subsidiary of G-bits Network Technology Xiamen, Shenzhen Zqgame and Yoozoo Games, the list showed. U.S.-listed shares of Chinese gaming firms NetEase Inc and Bilibili...
