![]() ![]() ![]() Its shares closed up 1.2% in Hong Kong on Tuesday, and were last down 1.5% in US premarket trade.Ĭhinese authorities have clamped down heavily on video games in recent months, with the government introducing strict time limits for minors last summer. NetEase stock tanked 7.8% in New York and 6.7% in Hong Kong on Monday immediately following the announcement, before rebounding the next day. ![]() News of the delayed China launch shook investors. The title had already received 10 million installations ahead of its China launch, as of June 10, developers said on its official Twitter account. “Diablo Immortal,” a multiplayer game that allows users to slay demons in an ancient world, had received approval for its Chinese release by the country’s media watchdog, the National Press and Publication Administration, last year. Some users on Chinese social media suggested that creators of game may have “insulted” China. ![]()
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