China’s Tencent in talks with US to keep gaming investments, sources say

Tencent’s vast businesses include video games, content streaming, social media, advertising and cloud services. — Reuters

Tencent Holdings Ltd is negotiating agreements with a US national security panel that would allow it to keep its ownership stakes in US video game developers Riot Games and Epic Games, according to people familiar with the matter.

Tencent has been in talks with the Committee on Foreign Investment in the United States (CFIUS), which has the authority to order the Chinese technology giant to divest US holdings, since the second half of last year, the sources said.