Topic

Honour of Kingsi

Honour of Kings is a fantasy role-playing multiplayer online battle game made by Chinese internet giant Tencent. 

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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.

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  • China’s two largest video game live-streamers told Chinese media they have no plans to merge after a failed attempt in 2020, but they are collaborating
  • Tencent and ByteDance have reached an agreement to allow the live-streaming of Honour of Kings and League of Legends on Douyin, the Chinese version of TikTok

The call to break more digital barriers in China’s internet industry comes days before Tencent’s flagship video game, Honour of Kings, returns to ByteDance-owned Douyin’s live-streaming platform.

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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.

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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.

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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.

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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.

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Tencent, operator of the world’s largest video gaming business by revenue, is pivoting overseas, as the home market cools under strict regulations.

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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.

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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.

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While often presented as another “spiritual opium” imported from the West, video games have become a big industry in China with global influence.

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Video gaming giant Tencent says it cannot ascertain if a player has cheated its facial recognition system to get around age restrictions in games.

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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.

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