Tencent Holdings Ltd
00700: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| @$x | LOCK|z^% | LOCK|&v%k%C!< |
China Approved 13% More Game Licenses in the Second Quarter Than a Year Ago
China's National Press and Publication Administration issued 483 game licenses in the second quarter, up 13% year on year. Approvals rose in each month of the quarter. Domestic titles drove the gain, up 17%, while imported licenses, already a tiny share of the total, kept falling.
