Tencent shares jumped on Friday after the Chinese government signalled the lifting of a nine month-long block on the release of new online games, in a reprieve for China's social media and gaming giant.
Tencent, which has seen $200bn in market capitalisation wiped this year partially as a result of the freeze, said it was "confident" it will soon be able to resume releasing new games.
China's gaming sector was put on ice in late March when regulators stopped approving commercial licences for online games.
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