China has some people who make rules about video games. They wanted to make new rules that would stop people from spending too much money on video games and getting too many rewards in the game. This made some big companies, like Tencent and NetEase, lose a lot of money because people were worried these new rules would hurt their businesses. But then, China's rule-makers took down the new rules from their website. This made people happy and less worried, so the companies started to get more money again and their shares went up. Read from source...

- The title of the article is misleading and sensationalist. It implies that the shares of Tencent and NetEase are up today because of some specific government regulation, but it does not provide any evidence or explanation for this claim.
- The body of the article relies on a single source (Reuters) to report the removal of proposed rules from the NPPA's website. It does not mention any other sources, expert opinions, or background information that could support its main argument.
- The article uses vague and ambiguous terms like "curbing video game spending" and "rewards in video games" without defining what they mean or how they would affect the gaming industry or the companies involved. It also does not explain why these rules were proposed in the first place, or what was the reaction of the public or the stakeholders to them.
- The article fails to provide any context or analysis of the current situation and trends of the Chinese gaming market. It does not mention how the companies have been performing lately, what are their strengths and weaknesses, what are the opportunities and threats they face, or what are the expectations from analysts and investors.
- The article does not present any data or statistics to back up its claims or to illustrate the magnitude of the impact of the proposed rules on the shares of Tencent and NetEase. It also does not compare the performance of these companies with their competitors or with other sectors of the market.

1. Buy Tencent Holdings (OTC: TCEHY) with a target price of $95 per share by the end of 2024, based on its strong market position, diversified revenue streams, and potential for growth in the Chinese gaming market. The risk is moderate due to the regulatory uncertainty and competition from other gaming companies.
2. Buy NetEase (NASDAQ: NTES) with a target price of $140 per share by the end of 2024, based on its similar strengths as Tencent, but with more focus on online games and e-commerce platforms. The risk is also moderate due to the same reasons as Tencent.
3. Sell Alibaba Group (NYSE: BABA) with a target price of $100 per share by the end of 2024, based on its declining revenue growth, increased competition from other e-commerce platforms, and regulatory pressure from the Chinese government. The risk is high due to the ongoing trade war between China and the U.S., and the potential for further regulation in the tech sector.