Chinese internet giant Tencent Holdings reported earnings for the second quarter that missed analyst expectations on Wednesday primarily dragged by decelerating revenue growth by its huge gaming business due to increased Chinese regulatory scrutiny.
The company generated revenues of 73.7 billion yuan in the second quarter, versus 77.3 billion yuan expected by analysts. That represent a 30 per cent year-on-year growth, the slowest revenue growth since the second quarter of 2015.
Its net profit came it at 17.9 billion yuan versus 19.6 billion yuan expected, representing a 2 per cent . . .
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