Tencent games revenue in focus after China blocks 'Monster Hunter

Tencent games revenue in focus after China blocks 'Monster Hunter

Tencent shares in Hong Kong fell more than 3 percent on Tuesday morning after Chinese regulators stopped the tech giant from selling a blockbuster video game "Monster Hunter: World" on its distribution platform, WeGame. Apparently, Chinese regulators received many complaints about the content within the monster-hunting video game, complaints like the high amount of corpses seen in-game and the act of hunting and killing exotic monsters.

Leading online game operator Tencent Holdings Ltd. has abruptly pulled a popular Japanese-developed title from its platform just days after its release, as the industry struggles under a almost half-year freeze on approval of all new games.

Tencent shares fell 2.4% on Monday, while Capcom's stock slumped nearly 10%. "Tencent had to alter PUBG past year after the regulator deemed it too violent, but has yet to receive a license to sell the updated version".

Monster Hunter: World which was first released on PS4 on January 26th is the latest title of its series and is also the very first title for the current PlayStation.

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"It's not impossible that you could still be hit even after you pass the censors, in the same way a movie can be pulled after public screening", the source said. Still, regulators have yet to approve monetization of that game.

Morton said he remained bullish on Tencent shares and that regulatory risk in China versus the rest of the global gaming market has always been there. It said the title was removed 8 a.m. on Monday, and that anyone who had purchased it already could get refunds without penalty.

We have been receiving numerous reports that players are experiencing connection errors after every several times they depart on quests.

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