FILE PHOTO: Visitors attend the annual Tencent Games Carnival (TGC) in Chengdu, Sichuan province, China December 2, 2017. REUTERS/Stringer/File Photo ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. CHINA OUT.
Tencent Holdings Ltd executive Jonathan Lai, who led the company's investments into Western digital entertainment firms, has left to join a New York-based investment manager, according to his LinkedIn profile.
His exit comes at a time when Tencent is reeling from a Chinese crackdown on online gaming that seeks to limit the number of new online video games and restrict the time young people spend playing games. The firm has lost more than a fifth of its market value this year.
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