Winter comes for Tencent and NetEase as video game freeze enters December
Winter comes for Tencent and NetEase as video game freeze enters December
  • NetEase shares plunged by as much as 9 per cent on Tuesday after it suspended emulation software on PC for its hit game Harry Potter: Magic Awakened
  • Investors hope a big video game industry conference this month will reveal new details about Beijing’s licensing freeze that started in August
1 Dec 2021 - 5:52PM
NetEase, China’s second-largest video game company, recently suspended emulation software allowing gamers to play its hit new game Harry Potter: Magic Awakened on PC, raising concerns about an extended game licensing freeze. Photo: Shutterstock
Video gaming
Winter comes for Tencent and NetEase as video game freeze enters December
1 Dec 2021 - 5:52PM
  • NetEase shares plunged by as much as 9 per cent on Tuesday after it suspended emulation software on PC for its hit game Harry Potter: Magic Awakened
  • Investors hope a big video game industry conference this month will reveal new details about Beijing’s licensing freeze that started in August
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