No, he does not recover during the tournament. After the tournament, he goes into closed meditation/training and he recovers. He will reach high rank 60 but if I'm not wrong, his rank was never exactly specified. Although it was mentioned that with a strong enough spirit ring, it will push his rank to 70 allowing his to get yet another spirit ring.
When does Dong'er come back? I was reading just because of they romance and know that she died kinda making me wanting to stop...
Can someone tell me in what chapter wang dong'er regain her memories?