A weakening yuan amid escalating global trade tensions and domestic credit tightening is likely to spur Chinese interest in diversifying holdings outside the country
China's Ministry of Education, in a notice late on Thursday, directed the publishing regulator to limit the number of new online video games
After soaring into the ranks of the world's biggest companies, Tencent has lost more than $150 billion of market value as the company was unable to monetise new games
Its music platforms - QQ Music, KuGou and Kuwo -are becoming important vehicles for pop stars such as Katy Perry and Rihanna to reach a Chinese audience
The investment in China's largest mall operator marks Tencent's latest foray into old-school retail
China's largest internet corporation is acquiring about 5 per cent of Yonghui from existing shareholders at 8.81 yuan apiece
It also led a $1.5-billion funding round in Flipkart in April 2017
The Chinese internet titan has overtaken Wells Fargo by market value
Tencent Holdings Ltd's ubiquitous WeChat service emerged after founder Ma Huateng encouraged employees to compete against each other to create a mobile messaging business