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Tencent Cloud Brandvoice

New regulations have been introduced for online marketing as aspect of the widespread regulatory overhaul, and demand has also faltered as the virus and other headwinds hamstring China’s growth. Sales of on the web ads are forecast to decline for the third consecutive quarter by more than 25.five% from final year to RMB17.00 billion in the three months to the end of June. The share price tag of Tencent on the Hong Kong stock exchange fell beneath HK$200 (US$25.five) on Oct. 25, reaching a low of HK$198.six (US$25.3), a new low in far more than 5 years. His analysis is...