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Tencent Stock Is Sliding. Regulators Could Target ‘Spiritual Opium.’

Home / Stock Analysis / Tencent Stock Is Sliding. Regulators Could Target ‘Spiritual Opium.’
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Tencent Stock Is Sliding. Regulators Could Target ‘Spiritual Opium.’

03 Aug Stock Analysis

Tencent
(ticker: 700.Hong Kong) was sliding after an article published in a state-controlled publication accused it and other gaming companies of being spiritual opium, raising concerns that regulators would target it next. Shares of Tencent had dropped…

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