Stock markets in Hong Kong and China fell on Thursday after the PBOC raised borrowing costs. Photo: EPA

Hong Kong stocks fall as Tencent’s gaming revenues disappoint and PBOC raises rates

Tencent accounts for almost half of the decline on the Hang Seng Index after Nomura and Citigroup said its fourth-quarter gaming revenues had missed forecasts

Topic |   Stocks

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Stock markets in Hong Kong and China fell on Thursday after the PBOC raised borrowing costs. Photo: EPA
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Zhang Shidong

Zhang Shidong

Zhang Shidong is based in Shanghai and reports on business for the Post. He joined the team in 2017, following stints covering China's stock market news for Bloomberg and at a local newspaper in Shanghai.

Karen Yeung

Karen Yeung

Karen Yeung joined the Post in 2017 after more than 15 years' experience on global newswires in Hong Kong and Shanghai. She spent eight years in Shanghai and has received awards for best feature, analysis and agenda-setting.