Tencent game business faces regulatory risk

After being on a scorching growth path for many years, Chinese internet giant Tencent Holdings is currently finding itself in a somewhat difficult position as Beijing authorities tighten their oversight on the online games industry.

Early this week, Tencent was forced to pull a fantasy-themed video game “Monster Hunter: World” from its WeGame platform just days after launch, following a crackdown by regulators.

Authorities are said to have cancelled the operating license for the game as they received a lot of complaints about the…