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<Research>Citi: NTES-S (09999.HK) Obtains Approval for 1 Imported Game
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China's National Press and Publication Administration (NPPA) announced that a total of 112 domestic and 7 imported online games were approved in November, marking the second time this year where the two were approved at the same time, Citi Research issued a research report saying.

While the domestic game approval scale is roughly the same as before, the release of imported game came earlier than expected, deviating from the bi-monthly release pattern. TENCENT (00700.HK) didn't receive any game license this time, but NTES-S (09999.HK)'s imported game, eFootball was on the list.

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A total of 1,282 games have been approved YTD. Of which, 1,184 are domestic games and 98 are imported games. The broker was concerned about whether China will approve other imported games in December.
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