Tencent Now China’s Top Company in Private Economy Triumph

  • Rare case of private company overtaking state-owned enterprise
  • China’s largest company rises on mobile gaming, ad growth

Tencent Becomes China's Top Company

Tencent Holdings Ltd. has surpassed China Mobile Ltd. to become the country’s most valuable corporation, underscoring the growing importance of a vibrant private economy over lumbering state-owned enterprise.

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