Tencent Jumps After Boosting Online Game Sales: Hong Kong Mover
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Tencent Holdings Ltd., Asia’s largest Internet company, climbed the most in about six months in Hong Kong trading after posting a 35 percent gain in revenue from games played on desktops and its WeChat messaging app.
Tencent shares rose as much as 5.15 percent to HK$412.80 before trading at HK$411.40 at 11:29 a.m., headed for its biggest advance since May 20. The stock has gained 65 percent this year.