The rout in Tencent stock has wiped more than US$190 billion from its market value amid a global tech sell-off and concerns about earnings in its lucrative games business amid a Chinese regulatory clampdown. Photo: Bloomberg

Tencent steps up share repurchase efforts after recent market rout in first buy-back since 2014

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The rout in Tencent stock has wiped more than US$190 billion from its market value amid a global tech sell-off and concerns about earnings in its lucrative games business amid a Chinese regulatory clampdown. Photo: Bloomberg
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