Chinese regulators have ordered the halt of sales of “Monster Hunter: World” on the WeGame PC-gaming platform of China’s Tencent. Regulators said that they had received a large number of complaints about the fantasy game that it had licensed from Japan’s Capcom.
Tencent had pre-sold over 1 million copies of the game at some $43 per unit. In a statement on its website WeGame said that it would refund users without conditions.
The move sent Tencent shares into a spin. On Tuesday, the Hong Kong-traded stock fell by 3.43% to Hk$348.60, wiping $16 billion off the value of the conglomerate.
The scale of that fall is clearly out of proportion to the specific loss from “Monster Hunter: World” alone. But it may point to ongoing problems with regulation of the sector.
It has been reported in local media that the State Administration of Radio and Television, which oversees the games sector in China,...
Tencent had pre-sold over 1 million copies of the game at some $43 per unit. In a statement on its website WeGame said that it would refund users without conditions.
The move sent Tencent shares into a spin. On Tuesday, the Hong Kong-traded stock fell by 3.43% to Hk$348.60, wiping $16 billion off the value of the conglomerate.
The scale of that fall is clearly out of proportion to the specific loss from “Monster Hunter: World” alone. But it may point to ongoing problems with regulation of the sector.
It has been reported in local media that the State Administration of Radio and Television, which oversees the games sector in China,...
- 8/14/2018
- by Patrick Frater
- Variety Film + TV
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