Tencent left out as China approves the release of 80 new video games

The Chinese giant of the internet Tencent has been excluded from the first batch of video game licensing approvals issued by the state government since March. Chinese regulators approved Saturday the publication of 80 online video games after a freeze of several months, Reuters first reported. None of the approved securities on the approval list are from Tencent Holdings, the largest gaming company in the world. Tencent is best known for being the company behind WeChat, a popular email platform in China. But much of his income comes from games. Despite the recent decline in gaming revenue, the company is

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