Tencent Increases Buybacks, Looks to Diversify Overseas

Tencent, China’s largest publicly traded company by market capitalization, is looking to diversify beyond China into the European gaming market, reported Financial Times. The move comes at a time when Prosus NV, an early investor in Tencent, continues to reduce its holdings in the company and Tencent is reported to have announced buybacks that should [...] The post Tencent Increases Buybacks, Looks to Diversify Overseas appeared first on ETF Trends .