Blizzard, NetEase game partnership in China to end

HONG KONG (AP) — American game developer Blizzard Entertainment says it will suspend most of its game services in mainland China after current licensing agreements end with Chinese game company NetEase. The news sent NetEase’s shares tumbling Thursday. Blizzard partnered with NetEase in 2008 to offer popular games such as World of Warcraft, Overwatch and Diablo in mainland China. Blizzard says the two companies did not reach a suitable deal to renew the agreements, which are set to expire in January. NetEase shares plunged as much as 15% in Hong Kong. NetEase says the expiration of the licenses will have “no material impact” on its financial results.