(Bloomberg) Chinese stocks have staged a nascent recovery from a $7 trillion rout, thanks to intensifying rescue efforts as authorities seek to prevent the market from slumping for a fourth straight year. Most Read from BloombergTrump Denied Immunity in DC Election Case by Appeals CourtXi to Discuss China Stocks With Regulators as Rescue Bets BuildWall Street Snubs China for India in a Historic Markets Shift‘Money Dysmorphia’ Traps Millennials and Gen ZersNYCB’s Credit Grade Is Cut to Junk by
Signs are growing that China is trying to contain the damage from harsh new gaming regulations that triggered an $80 billion rout in Tencent Holdings Ltd. and its peers. Feng Shixin lost his job as head of the publishing unit of the Publicity Department, which runs the country’s gaming regulator,…