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HONG KONG (Reuters) – Shares of Tencent Holdings (OTC:TCEHY), the world’s largest gaming company, and smaller rival NetEase (NASDAQ:NTES) Inc rose on Wednesday after China’s video games regulator granted the first gaming licences in 2023, further easing an industry crackdown.
Tencent’s shares were set to open up 1.7%, while NetEase’s stock was set to jump 4.8%.
