Tencent conquers overseas market with a blockbuster

Chinese game companies are pitting their wits against overseas online rivals as they bid to break into export markets.

Leading the pack is internet giant Tencent Holdings Ltd, which launched Strike of Kings, the English version of its money-making Honor of Kings, on Apple's App Store and Google Play Store in May.

"The move was crucial for Tencent as it bids to expand," said Peter Warman, chief executive officer of game industry research firm Newzoo.