According to the Financial Times on Tuesday (March 3), citing sources familiar with the matter, the White House is discussing whether to allow Tencent to continue holding its stakes in several major video game companies.
It is understood that senior U.S. government officials have held an internal meeting to assess whether Tencent's investments in U.S. and Finnish gaming companies pose a national security risk.
Reuters says it is currently unable to independently verify the information.
Reuters reports that Tencent currently holds a stake in US game developer Epic Games, the developer of the hit game Fortnite. Tencent also owns Los Angeles-based Riot Games, which develops and operates the phenomenal MOBA game League of Legends.
Analysts say that if the U.S. government imposes restrictions on related shareholdings, it could trigger a chain reaction in the global gaming industry, affecting cross-border investment, publishing partnerships, and the industry landscape.
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