News Snapshot:
Reuters Shares of Tencent Holdings, the world's largest gaming company, and smaller rival NetEase 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 rose as much as 1.7% in early trade before paring gains, while NetEase's stock jumped as much as 5.8% to its highest in more than four months. The granting of publishing licences to 88 online games on Tuesday is the latest sign that a regulatory clampdown that began in August 2021 and took a heavy toll on the world's largest gaming market is...
