Tencent Warns Tech Crackdown to Wind Down Only Gradually

The video discusses the challenges faced by China's internet sector, focusing on government policies and regulatory pressures. It highlights the economic priorities of boosting growth and creating jobs, which have led to some relief for tech companies. Tencent, a major player in the sector, has been significantly affected by these regulations, experiencing a substantial loss in market value and stagnant revenue growth. Despite some positive financial moves, Tencent's gaming sector remains under pressure due to regulatory delays.

What was the percentage of revenue growth reported by Tencent in its latest results?

Evaluate responses using AI:

OFF

What impact did the moratorium on new game approvals have on Tencent's gaming revenue?

Evaluate responses using AI:

OFF