Tencent/Netease: One Game for Netease in Consecutive Months

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Abstract: China announced game approval for the May batch. The number of games approved remained at a higher level than in 2023 and 2024. The pace of China game approval appears to have accelerated to the same level as pre-tightening. Of the companies that we are monitoring, Netease and ByteDance got a total of 2 approvals.

Kuaishou (1024 HK) IDREAMSKY (1119 HK) XD (2400 HK) KINGSOFT (3888 HK) TENCENT (700 HK) BILIBILI (9626 HK) NTES (9999 HK)

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Tencent/Netease: One Game for Netease in Consecutive Months

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