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Tencent boosts global investments as Beijing cracks down on gaming

Social media, gaming and fintech group strikes a record 16 deals in Europe

Tencent’s shares were hit at the start of the week after Chinese state media said children would be allowed to play video games for only three hours per week.   © AP

SINGAPORE/HONG KONG (Financial Times) -- Tencent has increased its investments in overseas startups more than sevenfold this year, fueling a global expansion by China's most valuable company as Beijing tightens regulatory scrutiny on tech groups.

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