Tencent

This is the world’s worst stock bet with a $170 billion wipeoutDespite concerns about further punitive measures from regulators, the company’s stock is starting to look cheap

This is the world’s worst stock bet with a $170 billion wipeoutDespite concerns about further punitive measures from regulators, the company’s stock is starting to look cheap

This is the world’s worst stock bet with a $170 billion wipeoutDespite concerns about further punitive measures from regulators, the company’s stock is starting to look cheap

The companies were fined 500,000 yuan ($77,000) each for not disclosing previous investments, acquisitions or joint ventures, according to a statement by China’s State Administration for Market Regulation

A founder of a gaming platform added that PUBG Mobile generated around $100 million in 2019 from Indian users through in-app purchases aloneTencent is among the biggest losers alongside ByteDance, whose flagship product TikTok met a similar fate earlier

India has hit back by pulling scores of Chinese apps from its massive domestic market, including video-sharing platform TikTokBeijing implied India had imposed the ban in the face of pressure from the United States

Friday’s attack by President Donald Trump on WeChat may have pushed many investors to offload Asia’s technology shares. But for some, the selloff has presented a good buying opportunity.

The U.S. president’s executive order fueled concern that the deteriorating U.S.-China relationship will weigh on companies, economies and markets

Tencent Holdings Ltd. is driving discussions to merge China’s biggest game-streaming platforms Huya Inc. and DouYu International Holdings Ltd., people familiar with the matter said, in a deal that would allow it to dominate the $3.4 billion arena