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Tencent Stock Experiences Massive Bump After China Ends Game Licensing Freeze

Tencent Stock Experiences Massive Bump After China Ends Game Licensing Freeze

China has finally ended its gaming license freeze that first began last summer. On April 11th, Chinese gaming regulators granted publishing licenses to 45 games belonging to the likes of Baidu and XD Inc’s Party Star, ending a nine-month-long licensing hiatus in the country. This comes after the National Press and the Public Administration released a list of approved games on its website earlier in the day.

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