Honour of Kings is a fantasy role-playing multiplayer online battle game made by Chinese internet giant Tencent.
Despite huge profits, the world’s biggest gaming company by revenue is living up to its responsibilities by restricting how much time and money youngsters can spend on its platform.
Chinese teams won four esports gold medals out of seven matches at the Asian Games in Hangzhou, providing a morale boost for gaming fans who are miffed by Beijing’s hostility towards the industry.
Despite esports gold at Asian Games, Chinese video gamers see little prospect of an overall sea change in Beijing’s tough approach to governing the industry.
The undefeated Chinese team cleaned house in the Tencent mobile game, an international version of Honour of Kings, with a 2-0 victory over Malaysia.
The Chinese gaming giant is ramping up its gaming investments in places like Europe, Japan, and South Korea amid difficulties at home.
China’s two largest tech giants are joining forces, as the local competition to attract eyeballs heats up amid a slowing economy.
The executive shuffle is expected to bring greater synergies between Tencent’s video gaming and live-streaming businesses.
At its annual Spark conference, Tencent asserted its commitment to create technologically advanced games, which underscores how mainland China’s video gaming market is fast emerging from a downturn.
Tencent has launched a social media app targeting online gamers, while ByteDance has introduced a medium- and long-form app.
Tencent Holdings, NetEase, Perfect World, miHoYo, Lilith Games and 37Games assert the video gaming sector’s positive impact on Chinese society at an industry conference this week.
Genshin Impact’s success has showcased potential for Chinese mobile games to win over global players amid sluggish domestic market.
Moonton alleges that Tencent infringed on the intellectual property, adding to open disputes between the two companies that have grown in intensity amid an industry crackdown.
China’s video game sales in the third quarter plunged to their lowest since the start of the Covid-19 pandemic.
Approved title is Health Defence Battle, a small mobile game operated by Tencent subsidiary Nanjing Wangdian Technology.
Tencent, operator of the world’s largest video gaming business by revenue, is pivoting overseas, as the home market cools under strict regulations.
Tencent’s Honour of Kings and PUBG Mobile, and miHoYo’s Genshin Impact were the three highest-grossing mobile games in the first half of this year.
Video gaming technologies are making a contribution to areas outside online entertainment, including culture, science and traditional industries, according to Tencent.
Slower growth is predicted in China because of the government’s rigid video game licensing process and restrictions on playing time for young gamers.
Honour of Kings, PUBG Mobile and Genshin Impact remained the most lucrative mobile games in the world in the first quarter, but spending on video games has declined amid greater regulatory oversight in China.
While often presented as another “spiritual opium” imported from the West, video games have become a big industry in China with global influence.
League of Legends: Wild Rift is finally released in China, where it was highly anticipated but has come as Beijing has tightened regulations on the industry.
Tencent’s Pokémon Unite and Honour of Kings, as well as miHoYo’s Genshin Impact, have achieved record-breaking downloads and revenue.
Video gaming giant Tencent says it cannot ascertain if a player has cheated its facial recognition system to get around age restrictions in games.
China’s regulators should tighten their grip on video games to avoid historical misrepresentations, according to the country's top radio broadcaster.
Technology was the second biggest sector by volume for deals in the first half of the year, according to PwC. A regulator crackdown could cool merger activity in the sector – at least in the near term.
Tencent’s latest measures are designed to appease Beijing’s concerns about gaming addiction among minors in China.
At the beginning of 2021, Tencent was on track to become the first Asian company to have a market capitalisation of over US$1 trillion. However, China’s crackdown on Big Tech has created massive uncertainty.
The report by the Economic Information Daily singled out Tencent and its popular video game Honour of Kings.