USEUROPEAFRICAASIA 中文双语Français
Home / Business

Tencent woes unnerve investors

By Luo Weiteng in Hong Kong | China Daily | Updated: 2018-08-17 07:44

Internet giant's quarterly profit dip a temporary blip on the radar, say analysts

Once dubbed the "anchor" of the benchmark Hang Seng Index, Tencent Holdings Ltd is showing signs of running out of steam as disappointing earnings and regulatory woes spook investors. But analysts said the pain will be short lived.

The Chinese technology giant sent jitters across the market with its weaker-than-expected performance in the second quarter of the year, amid mounting concerns over its ability to make money off new games as well as scrutiny from Chinese regulators.

Tencent woes unnerve investors

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US