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China targets internet giants with new competition rules, putting pressure on tech shares

The proposed regulations would limit the way companies can attract consumers and are allowed to ana…

Sophie Kiderlin   


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4 mins read

Tencent loses nearly $34 billion since the PUBG Mobile ban in India — its second-largest valuation dip this year

Chinese technology company Tencent loses $34 billion in two days since Indian mobile app ban took a…

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Tencent and NetEase fall as China reportedly tightens restrictions on video games industry

Tencent and NetEase were called to meet with regulators about new restrictions on video gaming for …

Insider Inc.   


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Tencent has 73% upside now that the recent Beijing-driven Chinese stock sell-off has created the best setup since 2018, Goldman says

Tencent has made 168 investments year-to-date, which is more than double and triple the number of i…

Matthew Fox   


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Tencent tumbles 10% after Chinese media slams online gaming for being addictive, raising concern that regulators may target this sector next

China's Economic Information Daily said teenage addiction to online gaming is widespread and could …

Shalini Nagarajan   


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Tencent falls nearly 8% after the firm's largest shareholder said it plans to sell $14.6 billion of its holdings

Prosus said it plans to sell $14.6 billion of Tencent stock, but it will remain the tech giant's la…

Will Daniel   


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OpenAI competitors from China: Alibaba, Bytedance, Tencent, and others vie for a 'winner-take-all' AI market

China's largest companIes including Alibaba, Bytedance and Tencent have all built tools to compete …

Monica Melton   


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Tencent tumbles 10% following Trump's executive order targeting TikTok and WeChat

The orders escalate US-China tensions as investors continue to grapple with economic recession and …

Ben Winck   


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Chinese tech firms hammered by the Archegos blow-up announce share buybacks

Vipshop, Tencent Music Entertainment, and GSX Techedu all announced share buybacks in the past week…

Will Daniel   


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Chinese tech giant Tencent jumps onto the list of the world's 10 most valuable companies as Meta slides on stock rout

Tencent's valuation neared $1 trillion in early 2021, but its market value shrank after Beijing cra…

Weilun Soon   


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Didi climbs following report Beijing's city government is seeking control of the ride-hailing company

Municipal investment in the ride-hailing app would give state-run firms control of Didi.

Carla Mozée   


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PUBG maker Krafton’s shares tumble 20% after listing debut, analysts blame ‘expensive valuation’

Krafton Inc., the maker of the popular battle royale game PUBG, tumbled 20% after debuting on the K…

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4 mins read

Indiamart share price has gone up nearly five times in last 18 months and the record profit is only a part of what’s driving it

It wasn’t a long time ago that IndiaMart’s shares were valued at ₹1,846 (March 27, 2020), right …

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3 mins read

Flipkart’s reported $10 billion IPO plan will mean Walmart’s investment in the Indian e-commerce giant will double within 3 years

The much-anticipated Flipkart IPO (initial public offering) could soon be a reality. US retail play…

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Reliance Jio is now twice as valued as Airtel that is down 25% from its peak in May

Investors in Bharti Airtel had bet the Vodafone Idea may not survive for too long, and that the pre…

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Chinese e-commerce site JD.com surges 17% as the company reports record user growth in the 2nd quarter and plays down impact of tech crackdown

Some international investors seemed to be wading back into Chinese tech stocks on Tuesday, with big…

Ethan Wu