HONG KONG -- Tencent Holdings is repurchasing shares more aggressively than ever to offset a selldown by its biggest shareholder that comes amid a slowdown in growth at China's most valuable company.
Skeptics say move shows company has no better way to generate returns
The buyback indicates to some that China's tech giant does not have a better way to generate funds in the near term. © Reuters
HONG KONG -- Tencent Holdings is repurchasing shares more aggressively than ever to offset a selldown by its biggest shareholder that comes amid a slowdown in growth at China's most valuable company.