14 10, 2021

Harry Potter: Magic Awakened – What’s behind China’s most successful game launch of the year?

2021-10-14T12:31:28-07:00October 14th, 2021|Categories: China, NetEase|

Harry Potter: Magic Awakened, which launched in mainland China (first market worldwide) on iOS, Android, and PC on September 9, 2021 has had the most successful video game launch of this year in the country. Harry Potter: Magic Awakened was developed by NetEase with support from Portkey Games and is an RPG game with card-based combat that takes place in the Harry Potter universe [...]

9 08, 2021

ChinaJoy 2021 report

2021-08-09T13:59:30-07:00August 9th, 2021|Categories: China, Cloud gaming, Esports, Events, Regulations|

The 19th China Digital Entertainment Expo & Conference (ChinaJoy) took place July 30 - August 2, 2021, with a theme “Create Dreams with Technology and Win the Future with Fun.” There were more than 500 exhibitors across the B2B and B2C segments, nearly 30% of which were foreign, that displayed games, hardware, accessories, and new technological [...]

29 04, 2021

PS5 Launch Announcement in China Leads to Pre-Sale Orders Selling Out in Record Time

2021-04-29T11:04:14-07:00April 29th, 2021|Categories: China, Consoles|

Sony Interactive Entertainment Shanghai announced April 29th that it will launch the PlayStation 5 in Mainland China on May 15, 2021. The disc version of the PS5 will cost RMB 3,899 and the digital version will cost RMB 3,099. Sony announced that it was currently preparing Ratchet & Clank: Rift Apart (Sony), Sackboy: A Big Adventure [...]

7 09, 2017

China bans ICOs, Apple accepts WeChat Pay, the key to Honor of Kings success

2017-09-11T13:18:48-07:00September 7th, 2017|Categories: China, Esports, Honor of Kings, Mobile Games, NetEase, Perfect World, Uncategorized|

China bans fundraising through ICOs China has banned and made illegal the practice of raising funds through digital token based initial coin offerings (ICO). The rise of cryptocurrencies has led to $2.2 billion having been raised through ICOs this year alone. Chinese regulators have described initial coin offerings as “a form of unapproved illegal public financing” [...]

24 08, 2017

Niko News: Chinese Overseas Investments Now Restricted

2017-08-24T07:45:11-07:00August 24th, 2017|Categories: China, VR/AR/MR|

Chinese Overseas Investments Now Restricted China has tightened the reins on external investment to combat rising debt ratios for domestic companies. One of the “restricted” areas is “entertainment." We are not lawyers, but this seems to include digital gaming. We will work with our friends at Pillar Legal to sort out what it really means for [...]

18 08, 2017

China Unicom to Raise $11.7 Billion from Private Firms

2017-08-18T12:49:48-07:00August 18th, 2017|Categories: China, China Telecom, Chinese Taipei, Esports, NetEase|

China Unicom to Raise $11.7 Billion from Private Firms China Unicom is said to be raising $11.7 billion from investors including the likes of Tencent and Alibaba. China Unicom will be the first of the state-run telecom entities to receive private capital and mixed ownership. China Mobile is still the world's largest mobile phone operator in [...]

31 07, 2017

Tencent’s PC Games Revenue is Larger than Reports Reflect

2017-07-31T21:25:50-07:00July 31st, 2017|Categories: China, PC Games, Tencent|

According to Tencent’s Q1 2017 financial release dated 17 May 2017, total online games revenue in the first quarter was 22,800 million RMB ($3,360 million). That’s $3 billion in one quarter alone, just from online games! The financial report says that PC client-based games revenue was 14,100 million RMB ($2,070 million) and mobile games revenue was [...]

11 07, 2017

Honor of Kings Restricts Play for Minors

2017-08-14T10:21:18-07:00July 11th, 2017|Categories: China, Honor of Kings|

The largest games company in the world, Tencent has been making headlines recently due to continued investment in overseas and domestic games companies, its ever-growing market cap, and the hit mobile game Honor of Kings. This July, Tencent introduced restrictions on Honor of Kings players under 12 years old, restricting them to only one hour of [...]

5 06, 2017

Niko News: VNG Plans US IPO

2017-06-05T10:41:20-07:00June 5th, 2017|Categories: China, Consoles, Niko News, Vietnam|

VNG Plans US IPO VNG Corp has signed a preliminary agreement with Nasdaq Inc to explore an IPO. VNG, founded in 2004, has long been a strong operator in Vietnam. Vietnam, along with Indonesia and Thailand, are three of the countries we recommend watching for the highest revenue and growth potential as of our 2016 Southeast [...]

1 06, 2017

The 2017 China PC Online Games Market Topic Report: trends driving major changes in genres and categories

2017-06-01T08:46:12-07:00June 1st, 2017|Categories: China, Niko Analysis|

The China PC Online Games Market Topic Report, the 1st of 5 companion reports to Niko’s 2017 China Digital Games Market Data Report, is now available. Key takeaways about the Chinese PC online games market in 2017 include: Despite the rapid ascent of Mobile games and the legal launch of consoles in 2015 after a 14-year [...]

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