HONG KONG -- Tencent Holdings intends to at least double its share buybacks this year to 100 billion Hong Kong dollars ($12.8 billion), the Chinese tech giant said Wednesday, as the company's sales in the fourth quarter missed expectations.
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Tencent's revenue for the quarter ended December grew 7% on the year to 155.2 billion yuan, while net profit attributable to shareholders sank 75%. © Reuters
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