HONG KONG (Reuters): Tencent Holdings, Asia's second-most valuable listed firm, reported on Thursday a sharper-than-expected 32% fall in fourth-quarter profit, the most on record for a quarter, as a regulatory review by China weighed on its gaming business.
The lower-than-expected profit was also attributable to one-off charges of 2.1 billion yuan (US$313.9mil) related to Tencent Music Entertainment and other portfolio companies.
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