China's government has been cracking down on its tech industry for some time now, and this has created uncertainty for investors. However, recent moves by the government, such as the approval of new video game titles and the easing of regulations for foreign investors, have been seen as positive signals for the industry.

It's important to note that the Chinese government is not monolithic, and different factions within it may have different goals and priorities. The recent actions that have been perceived as positive by investors may reflect a shift in priorities or strategy by certain government officials or agencies.