China has begun approving new video game licenses again. First time since the crackdown.

The tech crackdown, alongside moves against other industries, cut the legs out of Chinese equity markets. But … Bloomberg report that Chinese authorities have started to approve new video game licenses again. Tencent, Netease and similar stocks  – positive news for these. China is not trying to kill the industry. Regional stocks, though, are lower following the moves in the US on monday.