Tencent's Big Beat Falls Flat With Analysts Pining for New Games
The Honour of Kings mobile game, developed by Tencent Holdings Ltd.
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Tencent Holdings Ltd.’s inability to offer clarity on new game approvals took the gloss off its better-than-expected third-quarter update.
The company’s management said late Wednesday it didn’t have much of an update on the games approval process that has been at the center of the stock’s more than $230 billion loss of value since January.