This photo taken on May 26, 2021 shows the Tencent headquarters in the southern Chinese city of Shenzhen, in Guangdong province. Photo: AFP
This photo taken on May 26, 2021 shows the Tencent headquarters in the southern Chinese city of Shenzhen, in Guangdong province. Photo: AFP
Tencent

Tencent sells shares of Southeast Asia’s biggest technology company, spooking investors as it trims portfolio for the second time in two weeks

  • Tencent sells down stakes in Singapore consumer internet giant Sea to 18.7 per cent, raising US$3 billion
  • Divestment in the biggest public company in Southeast Asia came less than two weeks after it sold down stakes in China’s e-commerce platform JD.com

Topic |   Tencent
This photo taken on May 26, 2021 shows the Tencent headquarters in the southern Chinese city of Shenzhen, in Guangdong province. Photo: AFP
This photo taken on May 26, 2021 shows the Tencent headquarters in the southern Chinese city of Shenzhen, in Guangdong province. Photo: AFP
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