Tencent tries to ease investor fears over US ban as earnings grow

Confident in core China market, tech group 'patient' about its international strategy

20200812N Tencent 2

Tencent's headquarters in Shenzhen: The U.S. only accounts for a small fraction of the group's top line, executives say. © Reuters

COCO LIU and ALEX FANG, Nikkei staff writers

HONG KONG/NEW YORK -- Tencent Holdings told investors that an imminent U.S. crackdown will have minimal impact on its revenues, after a surprise executive order from President Donald Trump last week wiped tens of billions of dollars off the Chinese tech giant's market capitalization.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.