Tencent Holdings president Martin Lau Chi-ping, left, and Pony Ma Huateng, the company’s chairman and chief executive, remain positive about the prospects of China’s video games industry, despite a regulatory restructuring that has led to a months-long delay in the approval of new games for the market. Photo: David Wong

Tencent’s first profit drop since 2005 blamed on wait for Chinese regulators to approve new games

A regulatory restructuring, which has led to a months-long halt on the approval of new video games in China, highlights the big role that the central government plays in the country’s internet industry

Topic |   Tencent

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Tencent Holdings president Martin Lau Chi-ping, left, and Pony Ma Huateng, the company’s chairman and chief executive, remain positive about the prospects of China’s video games industry, despite a regulatory restructuring that has led to a months-long delay in the approval of new games for the market. Photo: David Wong
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