Insider Gaming writes: "In recent hours, some of the biggest gaming corporations in China suffered from sizeable tumbles in their shares as the National Press and Publication Administration published a draft of guidelines aimed at clamping down on spending in online games.
This action saw Tencent’s share value plummet by around 16%, with a loss of around $54 billion, while NetEase’s value collapsed by almost 30%."
Parcae’s Fate Studio-developed open-world action game Unending Dawn has joined Sony Interactive Entertainment‘s China Hero Project incubation program, the companies announce. As previously announced, it will be available PlayStation 5, iOS, and Android.
CangMo Game Entertainment-developed action RPG Project: Jinyiwei has joined Sony Interactive Entertainment‘s China Hero Project incubation program, the companies announced. It will be available for PlayStation 5.
ChillyRoom has announced Loulan, a single-player action adventure game coming as part of Sony Interactive Entertainment’s China Hero Project incubation program. It will be available for PlayStation 5.
To bad for recent, nothing but bad shyt coming out for tecent and embracer. The people that hates them got what they want. I understand why China did this for each one listed. Still daily rewards be nice though either way doesnt effect me I don't think i played tencent games that I know of. (Random empty tencent folder on phone) still curious where that came from though.
Curious if anyone thinks this is a good thing. Yeah we dislike microtransactions and gambling loot boxes, but do we want governments telling us what's good for us and what we can or can't have
Oh No, Anyway....
Damn and recently they bought techland tho