Regulatory limbo hits Tencent with first profit fall in nearly 13 years
https://www.reuters.com/article/us-tencent-results/regulatory-limbo-hits-tencent-with-first-profit-fall-in-nearly-13-years-idUSKBN1L0115
Chinese technology giant Tencent Holdings Ltd has "no clarity" on when it may get approval to start charging for its most popular game, it said on Wednesday, after reporting its first quarterly profit fall in nearly 13 years on weak gaming revenue.