Tencent rolls out test version of Game of Thrones smartphone game
Titled 'Game of Thrones: Winter is Coming', the game is a simulation that will let players assume character identities and visit well-known locations such as Castle Black.
Chinese tech giant Tencent Holdings has released a test version smartphone game of United States television hit series Game of Thrones, the firm’s gaming unit Tencent Games said in a statement on its official WeChat account on Wednesday.
Titled 'Game of Thrones: Winter is Coming', the game is a simulation that will let players assume character identities such as that of Tyrion Lannister, relive key moments like the infamous Red Wedding and visit well-known spots such as Castle Black.
The game was developed by games maker Yoozoo. Users who have received the invite codes could start playing the game, Tencent said.
In 2014, Tencent signed a deal with HBO which helped it clinch the exclusive rights to stream ‘Game of Thrones’ online in China. According to Tencent, the HBO-hit series has been played 960 million times on the tech firm’s video platform.
Regulatory clampdown causing tough times for China’s video gaming market
Tencent has been facing tough times for its video gaming business as China has been clamping down on the market, limiting the number of new online game releases.
In December, China approved 80 new video game titles, ending the nine-month dry spell where no new licenses were granted in the market. The games were mostly local game titles and did not include any from industry giants such as Tencent and Netease.
Tencent has lost over 20% of its market value since March and faced its first profit drop in at least a decade due to the regulatory hit. Chinese regulators suspended new titles in a campaign to combat gaming addiction, casting uncertainty over Tencent’s main business.
This information has been prepared by IG, a trading name of IG Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients.
CFDs are a leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your initial deposit, so please ensure that you fully understand the risks involved.
See an opportunity to trade?
Go long or short on more than 17,000 markets with IG.
Trade CFDs on our award-winning platform, with low spreads on indices, shares, commodities and more.
Live prices on most popular markets
- Forex
- Shares
- Indices
Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.
