Tencent is boosting investment in gaming studios abroad, primarily in Europe, to diversify away from China despite the improving regulatory conditions, The Financial Times’ Eleanor Olcott and Qianer Liu report. According to people familiar with the matter, Tencent is seeking to invest in or purchase gaming studios after slowing the pace of new investments towards the end of 2022, with European gaming studios as the primary target. Reference Link
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on TCEHY:
