China has issued licenses for 60 new video games, according to a list published on the National Press and Publication Administration (NPPA) website on Tuesday.
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The move comes after a nearly eight-month suspension of gaming approvals in the country ended on April 30, when a previous batch was announced.
Games owned by well-known developers such as Mihoyou and Perfect World are on the new list. Other titles include less budget titles such as Jurassic Army by Shanghai Eyugame and Kittens' Courtyard by Beijing Object Online Technology.
However, the list does not include games owned by the industry's biggest players such as Tencent and NetEase. Still, Tencent's American Depository Receipts rose more than 1.54% after the news. NetEase also saw its share rise nearly 1.35%. In futures trading in the New York market
