A new release date for the mobile and PC game was not announced by NetEase in a statement issued on Sunday.
China’s gaming authority granted licenses for a slew of new video games this week, hinting that the market is becoming less regulated, Reuters reported.
On Monday morning, shares of NetEase ( NASDAQ: NTES) –1.69 percent (NTES) in Hong Kong fell more than 10% before recovering some of their losses to close at a decline of 6.68%.
According to NetEase, they postponed the game’s release so that the creators could make various changes, including the addition of support for a broader variety of device types as well as performance improvements.
As the firm went on to say, “We think that in the officially launched version, the gaming experience will be smoother, and we’ll deliver greater game material to everyone.”
The post Following Netease’s Announcement to Postpone the Local Release of Diablo Immortal, a Game It Co-developed With Activision Blizzard, Shares in the Chinese Gaming Company Fell on Monday in Hong Kong. appeared first on Best Stocks.
