NetEase fell nearly 15% after Blizzard Entertainment unilaterally announced that it would stop cooperating with it.

CTOnews.com, November 17, Blizzard Entertainment issued a statement on November 16 that most of Blizzard game services on Chinese mainland, including World of Warcraft and hearthstone Legend, will be suspended because the existing license agreement with NetEase expires on January 23, 2023.

Affected by this news, NetEase fell nearly 15%. As of press time, it fell by more than 12%.

In response, NetEase said that NetEase has been doing his best to negotiate with Activision Blizzard, hoping to promote the renewal of the contract. After long negotiations, it is still unable to agree on some key terms of cooperation with Activision Blizzard. NetEase said that it is very regrettable that Activision Blizzard announced the cessation of cooperation today, and it will have to accept this decision. NetEase will continue to perform his duties and serve the players until the last minute.

CTOnews.com learned that according to Blizzard Entertainment's statement, relevant games include World of Warcraft, hearthstone Legend, Watch Pioneer, StarCraft, Warcraft III: remake, Diablo III, and Storm Hero. In addition, the joint development and release of Diablo: immortality involves a separate agreement between the two companies.