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china gaming sector crackdown

tencent shares rebound: Shares of Tencent, NetEase rebound after Chinese regulators vow to improve draft rules

Chinese online gaming giant Tencent Holdings saw its shares stage a mild rebound on Wednesday, the first day of trade after regulators vowed to make improvements to proposed rules that had sent stock in gaming companies plunging.Its Hong Kong-listed shares climbed 3% in morning trade after a 12% tumble on Friday. Hong Kong markets were closed on Monday and Tuesday for public holidays.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteNorthwestern UniversityKellogg Post Graduate Certificate…

china online games licences: China approves licences for 105 domestic online games in December

China approved new licences for 105 domestic online games for December, China's press and publication administration said in a statement on Monday.Tencent's "Counter War: Future" and NetEase's "Firefly Assault" were among the approved games. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Digital TransformationVisitIIT DelhiIITD Certificate Programme in Data Science & Machine LearningVisitIndian School of BusinessISB Product ManagementVisitFurther,