Tencent shares fall more than 2% after India bans PUBG Mobile
Shortpedia
Content Team
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Shares of China’s tech giant Tencent shed more than 2% a day after India announced a ban on its popular gaming app PUBG Mobile and its other apps including Tencent Weiyun, WeChat Reading, WeChat Work and PUBG Mobile Lite. Data available on the Hong Kong Stock Exchange (HKEX) website showed the stock of Tencent Holdings closing 2.02% lower at HK$533 on Thursday. On Wednesday, the Indian government had banned 118 Chinese origin apps.
