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Tencent, Naspers shares leap higher

Tencent Holdings surged after delivering record profit that topped analyst estimates, calming investors who’d braced for a big hit to margins. The stock climbed as much as 7.1% in Hong Kong, its biggest

World
Tencent drops after warning on profit margins

Tencent Holdings slid in Hong Kong on Thursday after Asia’s most valuable company warned that growing investments in content and technology will compress margins. Its shares fell 2.4 percent in early trade, shaving

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