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Tencent tries to recover from $200bn antitrust slide


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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. ....

Hong Kong , Martin Lau , Julia Pan , Ross Liang , Ant Group Co , Bytedance Ltd , Tencent Music Entertainment Group , Walt Disney Co , Huawei Technologies Co , Jack Ma Alibaba Group Holding Ltd , Alibaba Group Holding , Ant Group , Tiktok Owner Bytedance , President Martin Lau , One Piece , Lilith Games , Niko Partners , ஹாங் காங் , மார்டின் லாவ் , ஜூலியா பான் , ரோஸ் லியாங் , எறும்பு குழு இணை , வால்ட் டிஸ்னி இணை , ஹூவாய் தொழில்நுட்பங்கள் இணை , பலா மா அலிபாபா குழு வைத்திருத்தல் லிமிடெட் , அலிபாபா குழு வைத்திருத்தல் ,

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. ....

Hong Kong , Martin Lau , Julia Pan , Ross Liang , Ant Group Co , Bytedance Ltd , Bloomberg Tencent Holdings Ltd , Tencent Music Entertainment Group , Walt Disney Co , Huawei Technologies Co , Jack Ma Alibaba Group Holding Ltd , Alibaba Group Holding , Ant Group , Tiktok Owner Bytedance , President Martin Lau , One Piece , Lilith Games , Niko Partners , ஹாங் காங் , மார்டின் லாவ் , ஜூலியா பான் , ரோஸ் லியாங் , எறும்பு குழு இணை , வால்ட் டிஸ்னி இணை , ஹூவாய் தொழில்நுட்பங்கள் இணை , பலா மா அலிபாபா குழு வைத்திருத்தல் லிமிடெட் ,