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Tencent Music Unveils Recent Global Accolades for Music Industry Support and Cultural Exchange

Tencent Music Entertainment Group Announces Management and Director Responsibility Changes

Tencent Music Entertainment Group Announces Management and Director Responsibility Changes

Tencent tries to recover from $200bn antitrust slide

MONEYWEB app instead? Setting out to prove it’s best placed to weather a storm of antitrust scrutiny. By Bloomberg News 20 May 2021  09:40  Image: Qilai Shen/Bloomberg Tencent is setting out to prove it’s best placed to weather a storm of antitrust scrutiny that’s wiped about $200 billion off the value of China’s largest company in a span of months. Its results on Thursday should affirm the resilience of the world’s largest game-publishing business as the pandemic recedes, now buttressed by growth in newer arenas such as fintech and the cloud. Yet it’s struggled to claw back the market capitalization it’s shed since its January peak, right around the time Beijing began a clampdown on Jack Ma’s Alibaba Group Holding Ltd. and Ant Group Co. before moving on to rising star Meituan.

Tencent Tries to Bounce Back From $200 Billion Antitrust Slide

May 21 2021, 4:20 AM May 19 2021, 9:30 PM May 21 2021, 4:20 AM (Bloomberg) Tencent Holdings Ltd. is setting out to prove it’s best placed to weather a storm of antitrust scrutiny that’s wiped about $200 billion off the value of China’s largest company in a span of months. (Bloomberg) Tencent Holdings Ltd. is setting out to prove it’s best placed to weather a storm of antitrust scrutiny that’s wiped about $200 billion off the value of China’s largest company in a span of months. Its results on Thursday should affirm the resilience of the world’s largest game-publishing business as the pandemic recedes, now buttressed by growth in newer arenas such as fintech and the cloud. Yet it’s struggled to claw back the market capitalization it’s shed since its January peak, right around the time Beijing began a clampdown on Jack Ma’s Alibaba Group Holding Ltd. and Ant Group Co. before moving on to rising star Meituan.

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