China's Gaming Regulator grants license for 130 domestic online games in March and for 3 imported online games in March

The approval of licenses for 130 domestic online games signals a potential easing of restrictions in China's gaming sector, which has faced significant regulatory scrutiny. This could boost market sentiment around relevant gaming companies, particularly those with strong domestic positioning. However, the limited number of imported games remains a point of caution, indicating that foreign developers might still face challenges in penetrating the Chinese market.