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Tencent, NetEase shares rebound after regulators vow to improve proposed rules
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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.
Rival NetEase shot up 14% compared with a 25% plunge on Friday, also helped by local media reports since Monday that it is again in talks to partner with World of Warcraft-maker Blizzard. The two companies abruptly parted ways a year ago.
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