Tencent, China Tech Stocks Dismiss Sign of Game Curbs Easing.

Shares in Tencent Holdings Ltd. and other Chinese tech stocks have rebounded despite signs that Beijing is attempting to address the backlash against new gaming regulations. Feng Shixin, a top official overseeing China's gaming industry, has been removed from his position, which is seen as a response to the release of draft rules that caused investor concern. The National Press and Publication Administration, the gaming watchdog, has pledged to review controversial mandates, including a cap on in-game spending. However, some investors remain cautious due to the unpredictable regulatory environment in China. [Extracted from the article]