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
Similar News
“Mark Wahlberg was a terrible choice”: James McCaffrey’s Cameo Didn’t Save $87 Million Worth Max Payne Live Action That Was Destined to be Doomed Because of Poor Casting
- 5/27/2024
- by Shubham Chaurasia
- FandomWire
Martin Moszkowicz Honored With The Carl Laemmle Producer Award
- 5/19/2024
- by Diana Lodderhose
- Deadline Film + TV
Martin Moszkowicz Honored With Carl Laemmle Producer Award
- 5/18/2024
- by Leo Barraclough
- Variety Film + TV
Resident Evil 2’s New Demo Has A Fun Resident Evil 3 Easter Egg
- 12/13/2019
- by Josh Heath
- We Got This Covered
Resident Evil 3 Digital Pre-Orders And Pre-Download Now Available For Xbox One
- 12/13/2019
- by Joe Pring
- We Got This Covered
Here’s Where To Find Jill’s Hidden Letter In Resident Evil 2
- 12/13/2019
- by Joe Pring
- We Got This Covered
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.
More to explore
Theo James Joins Aaron Taylor-Johnson in Heist Thriller ‘Fuze’
- 5/28/2024
- by Michaela Zee
- Variety - Film News
Josh O’Connor and Cailee Spaeny Join ‘Wake Up Dead Man: A Knives Out Mystery’
- 5/28/2024
- by Carly Thomas
- The Hollywood Reporter - Movie News
Jerry Seinfeld Misses ‘Dominant Masculinity’ and Loves Reading His ‘Absolute Worst Reviews’ Because ‘It’s Funny. It Doesn’t Matter What You Think of Me’
- 5/29/2024
- by Zack Sharf
- Variety - Film News
How ‘The Buccaneers’ Used Taylor Swift To Bookend a Defiant, Entirely Female Soundtrack
- 5/29/2024
- by Hunter Ingram
- Variety - TV News
After Cannes’ Viral Red Carpet Mishaps, Will Anything Change?
- 5/29/2024
- by Chris Gardner
- The Hollywood Reporter - Movie News
‘Citadel’ Season 2 Adds Jack Reynor to Cast (Exclusive)
- 5/29/2024
- by Joe Otterson
- Variety - TV News
‘Masters of the Universe’ Casts ‘Idea of You’ Star Nicholas Galitzine as He-Man
- 5/29/2024
- by Mia Galuppo
- The Hollywood Reporter - Movie News
Robert Downey Jr., Quinta Brunson, Kim Kardashian and Nicholas Galitzine Set for Variety’s ‘Actors on Actors’ Season 20
- 5/29/2024
- by Variety Staff
- Variety - TV News
‘When Calls the Heart’ Actor Mamie Laverock on Life Support After Falling Five Stories From Balcony
- 5/28/2024
- by Ethan Shanfeld
- Variety - TV News
Jennifer Lopez Is the Ultimate Latina Rom-Com Queen
- 5/14/2024
- by Zayda Rivera
- Popsugar.com
Richard Gadd Short Film ‘Truth Serum’ Snapped Up by Omeleto (Exclusive)
- 5/29/2024
- by K.J. Yossman
- Variety - Film News
Rushes | Academy Workers Win Contract, Hot Docs Layoffs, David Lynch Announces “Something”
- 5/29/2024
- MUBI
Kathleen Kennedy Says Women Who Make ‘Star Wars’ Franchise Installments ‘Struggle’ with Male Fanbase
- 5/29/2024
- by Samantha Bergeson
- Indiewire
‘The Chosen’ Season 4 Finally Announces Streaming Premiere
- 5/29/2024
- by Mark Peikert
- Indiewire
Allison Williams Says Marnie Has Been Redeemed by Gen Z: She’s Not ‘Selfish,’ It’s ‘Self-Care’
- 5/29/2024
- by Samantha Bergeson
- Indiewire
‘Masters of the Universe’ Casts ‘Idea of You’ Star Nicholas Galitzine as He-Man
- 5/29/2024
- by Mia Galuppo
- The Hollywood Reporter - Movie News
Theo James Joins Aaron Taylor-Johnson in Heist Thriller ‘Fuze’
- 5/28/2024
- by Michaela Zee
- Variety - Film News
Josh O’Connor and Cailee Spaeny Join ‘Wake Up Dead Man: A Knives Out Mystery’
- 5/28/2024
- by Carly Thomas
- The Hollywood Reporter - Movie News
Kathleen Kennedy Says Women Who Make ‘Star Wars’ Franchise Installments ‘Struggle’ with Male Fanbase
- 5/29/2024
- by Samantha Bergeson
- Indiewire
Jerry Seinfeld Misses ‘Dominant Masculinity’ and Loves Reading His ‘Absolute Worst Reviews’ Because ‘It’s Funny. It Doesn’t Matter What You Think of Me’
- 5/29/2024
- by Zack Sharf
- Variety - Film News
‘Citadel’ Season 2 Adds Jack Reynor to Cast (Exclusive)
- 5/29/2024
- by Joe Otterson
- Variety - TV News
‘The Outlaws’ Star Jessica Gunning on Branching Out With ‘Baby Reindeer’
- 5/29/2024
- TV Insider
Chrishell Stause Joins Neighbours
- 5/29/2024
- by Kimberly Roots
- TVLine.com
‘The Chosen’ Season 4 Finally Announces Streaming Premiere
- 5/29/2024
- by Mark Peikert
- Indiewire Television
How ‘The Buccaneers’ Used Taylor Swift To Bookend a Defiant, Entirely Female Soundtrack
- 5/29/2024
- by Hunter Ingram
- Variety - TV News