HONG KONG -- The Chinese tech group Tencent Holdings has told investors to expect more regulation of the internet in the near future, as Beijing increases pressure on issues ranging from data privacy to protection of minors.
The prediction came as the company reported a better-than-expected quarterly profit thanks to its thriving advertising and services businesses. But China's crackdown in other areas, including gaming, has knocked about 40% from its market value since January.
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