Tencent And NetEase Stocks Continue To Rebound As China Reportedly Ousts Official Who Proposed New Gaming Restrictions

ToplineThe Chinese government has ousted a top official in charge of regulating the country’s gaming industry, according to reports, in a likely effort to stem the damage from a stock market rout over proposed restrictions on online games in late December.China's gaming industry faced a stock market route just before Christmas holidays after a new ... [+] proposal sought curbs on spending and engagement from players.AFP via Getty Images Key FactsFeng Shixin was forced to step down from his role as the publi ...