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Stock impact report

Tencent to bring world's hottest video game to China, promises socialist values [Reuters]

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Company Research Source: Reuters
Tencent to bring world's hottest video game to China, promises socialist values | Reuters Reuters Staff 3 Min Read BEIJING/HONG KONG (Reuters) - Chinese gaming giant Tencent Holdings Ltd is bringing “Playerunknown’s Battleground”, the world’s hottest video game, to China, but with a twist. The gory, battle royale-style game will get a socialist makeover to meet stringent Chinese rules. The move comes after China’s content regulator slammed the South Korean-made game, PUBG for short, last month for being too violent and said it would likely be blocked because it “severely deviates from socialist core values”. The PUBG game where players fight for survival on a deserted island is currently the world’s top-selling videogame, having shipped more than 20 million copies since its launch in March. It has been developed by South Korean firm Blue Hole. Tencent, which recently outstripped Facebook Inc in market value, said it had won the exclusive rights to the game in China, and that it would Show less Read more
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