Topic
TOPIC
- Tencent Music said its exclusive licensing deals with labels had come to an end as of August 23, as ordered by China’s antitrust watchdog
- Short video app Kuaishou struck a new deal with Warner Music this week, and music streaming rival NetEase also welcomed the move
China’s tightened limits for kids’ gaming time is expected to steer young people to find alternative platforms on which to play without restriction.
China’s tightened limits for kids’ gaming time is expected to steer young people to find alternative platforms on which to play without restriction.
Tencent’s latest measures are designed to appease Beijing’s concerns about gaming addiction among minors in China.
Tencent’s latest measures are designed to appease Beijing’s concerns about gaming addiction among minors in China.
The China Game Publishers Association Publications Committee said video games can benefit society, pushing back against an earlier article that sent gaming stocks plummeting.
The China Game Publishers Association Publications Committee said video games can benefit society, pushing back against an earlier article that sent gaming stocks plummeting.
The report by the Economic Information Daily singled out Tencent and its popular video game Honour of Kings.
The report by the Economic Information Daily singled out Tencent and its popular video game Honour of Kings.
Chinese gaming stocks plunged after state media slammed games as ‘spiritual opium’ and ‘electronic drugs’ amid Beijing’s crackdown in the technology space.
Chinese gaming stocks plunged after state media slammed games as ‘spiritual opium’ and ‘electronic drugs’ amid Beijing’s crackdown in the technology space.
While Chinese music lovers are increasingly willing to pay for their favourite content, the ratio of paid subscribers in China still lags far behind overseas platforms like Spotify.
While Chinese music lovers are increasingly willing to pay for their favourite content, the ratio of paid subscribers in China still lags far behind overseas platforms like Spotify.
NetEase’s music streaming unit could target US$1 billion from Hong Kong IPO, and perk up fundraising market after quiet month of July.
NetEase’s music streaming unit could target US$1 billion from Hong Kong IPO, and perk up fundraising market after quiet month of July.
Small app operators still face an uphill battle to challenge Tencent’s lead in China’s vast music-streaming market.
Small app operators still face an uphill battle to challenge Tencent’s lead in China’s vast music-streaming market.
Global fund managers appear to be more cautious of China’s regulatory clampdown than investors closer home as US-listed Chinese equities underperform those in Hong Kong.
Global fund managers appear to be more cautious of China’s regulatory clampdown than investors closer home as US-listed Chinese equities underperform those in Hong Kong.
Cloud Village would remain a subsidiary of Hangzhou-based NetEase, which would retain at least 50 per cent of the voting rights following a planned Hong Kong IPO.
Cloud Village would remain a subsidiary of Hangzhou-based NetEase, which would retain at least 50 per cent of the voting rights following a planned Hong Kong IPO.
NetEase has struck a streaming deal with Sony Music Entertainment, which previously had an exclusive pact with Tencent Music Entertainment.
NetEase has struck a streaming deal with Sony Music Entertainment, which previously had an exclusive pact with Tencent Music Entertainment.
Tencent’s outsized share of China’s online music-streaming market could put it in the cross hairs of antitrust regulators.
Tencent’s outsized share of China’s online music-streaming market could put it in the cross hairs of antitrust regulators.
Chinese President Xi Jinping raised the issue of video game addiction at the ‘two sessions’ political gathering in Beijing, where legislators proposed solutions ranging from facial recognition in games to banning celebrity endorsements.
Chinese President Xi Jinping raised the issue of video game addiction at the ‘two sessions’ political gathering in Beijing, where legislators proposed solutions ranging from facial recognition in games to banning celebrity endorsements.
As delegates to China’s annual ‘two sessions’, the heads of China’s biggest tech companies propose to address China’s ageing population, climate goals and digital infrastructure.
As delegates to China’s annual ‘two sessions’, the heads of China’s biggest tech companies propose to address China’s ageing population, climate goals and digital infrastructure.
NetEase reports growth in its ed-tech unit, buoyed by a surge in demand for remote learning during the coronavirus pandemic.
NetEase reports growth in its ed-tech unit, buoyed by a surge in demand for remote learning during the coronavirus pandemic.
The popular shopping area is a strong draw for Chinese tech firms looking to list their shares in Hong Kong, with its cheap rents and convenient transport links, say property agents.
The popular shopping area is a strong draw for Chinese tech firms looking to list their shares in Hong Kong, with its cheap rents and convenient transport links, say property agents.
NetEase seeks to challenge established rivals like Douyin and Kuaishou, while Tencent’s WeChat also tries to catch up.
NetEase seeks to challenge established rivals like Douyin and Kuaishou, while Tencent’s WeChat also tries to catch up.
China’s gaming giants and newer entrants like Yoozoo are pouring money into overseas properties like Lord of the Rings, Harry Potter and Game of Thrones to attract more mobile gamers from overseas.
China’s gaming giants and newer entrants like Yoozoo are pouring money into overseas properties like Lord of the Rings, Harry Potter and Game of Thrones to attract more mobile gamers from overseas.
NetEase has asked staff at its Beijing office to work from home after an employee tested positive for Covid-19, according to local media reports.
NetEase has asked staff at its Beijing office to work from home after an employee tested positive for Covid-19, according to local media reports.
Baidu joins a wave of US-listed Chinese firms in seeking a trading foothold in Hong Kong amid simmering tensions between the world’s two biggest economies. Companies from JD.com to NetEase raised about US$17 billion through share sales in Hong Kong last year, according to Bloomberg’s data.
Baidu joins a wave of US-listed Chinese firms in seeking a trading foothold in Hong Kong amid simmering tensions between the world’s two biggest economies. Companies from JD.com to NetEase raised about US$17 billion through share sales in Hong Kong last year, according to Bloomberg’s data.
NetEase is ending service for its personal financial management app Youqian in April in a continued retreat from finance-related services as the industry faces increased regulatory scrutiny in China.
NetEase is ending service for its personal financial management app Youqian in April in a continued retreat from finance-related services as the industry faces increased regulatory scrutiny in China.
China’s video games watchdog has announced a new age-based rating system developed with Tencent, NetEase and 52 other organisations amid increasing gaming restrictions for minors.
China’s video games watchdog has announced a new age-based rating system developed with Tencent, NetEase and 52 other organisations amid increasing gaming restrictions for minors.
Hong Kong stock exchange will finish 2020 as the second-biggest IPO market globally after raising US$50 billion, KPMG says.
Hong Kong stock exchange will finish 2020 as the second-biggest IPO market globally after raising US$50 billion, KPMG says.
In a screenshot widely shared online, Zhang Yiming asks if his workers are spending too much time discussing Genshin Impact during working hours as the company seeks to expand in gaming.
In a screenshot widely shared online, Zhang Yiming asks if his workers are spending too much time discussing Genshin Impact during working hours as the company seeks to expand in gaming.
The limited launch of League of Legends: Wild Rift caused a surge of interest in game boosters, leading to friction between Chinese and overseas gamers.
The limited launch of League of Legends: Wild Rift caused a surge of interest in game boosters, leading to friction between Chinese and overseas gamers.
Many Chinese companies will continue with their plans to list in the US and retain the option of raising capital in Hong Kong or mainland China under IPO reforms.
Many Chinese companies will continue with their plans to list in the US and retain the option of raising capital in Hong Kong or mainland China under IPO reforms.
Apps from the likes of Alibaba, Tencent, Baidu, ByteDance, Xiaomi and NetEase were found to have weak personal data protection.
Apps from the likes of Alibaba, Tencent, Baidu, ByteDance, Xiaomi and NetEase were found to have weak personal data protection.
In a social manifesto, NetEase Yanxuan declares that it opposes ‘complicated discount gimmicks’ that some shoppers say they find difficult to follow during overwhelming numbers of deals on the planet’s biggest shopping day.
In a social manifesto, NetEase Yanxuan declares that it opposes ‘complicated discount gimmicks’ that some shoppers say they find difficult to follow during overwhelming numbers of deals on the planet’s biggest shopping day.
Ant’s IPO will push Shanghai’s fledgling Star Market into third place globally in terms of new offerings and secondary listings this year, on par with the 228-year-old New York Stock Exchange.
Ant’s IPO will push Shanghai’s fledgling Star Market into third place globally in terms of new offerings and secondary listings this year, on par with the 228-year-old New York Stock Exchange.