Tencent awaits more regulation from Beijing as gaming revenue slips

Group president calls China's constraints on internet 'loose'

20210818 WeChat Pay

Quarterly revenues from WeChat Pay and other financial technology and business services jumped 40% from a year before.  © Reuters

NIKKI SUN, Nikkei staff writer

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.

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