Tencent Warns Tech Crackdown to Wind Down Only Gradually [Bloomberg]

Tencent Holdings Ltd.’s revenue missed estimates after a sweeping government crackdown and Chinese economic malaise wiped out growth at the internet behemoth. And the company warned it will take time for Beijing to act on promises to prop up the Chinese tech sector. Stephen Engle reports on “Bloomberg Daybreak: Asia.”

Leave a Reply

Your email address will not be published.

scroll to top