Tencent plunges 8 percent following poor results

Agence France-Presse

Posted at May 19 2022 12:07 PM

Hostesses stand on a Tancent company booth on the Big Data Expo in Guiyang, Guizhou province, China, May 26, 2021. Alex Plavevski, EPA-EFE/File
Hostesses stand on a Tancent company booth on the Big Data Expo in Guiyang, Guizhou province, China, May 26, 2021. Alex Plavevski, EPA-EFE/File

HONG KONG - Shares in Chinese internet giant Tencent fell more than 8 percent on Thursday morning after it reported lackluster results for the first quarter.

The firm's Hong Kong-listed shares plunged as much as 8.4 percent in early trading, a day after it posted its slowest revenue growth since going public in 2004.

More details to follow. 

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