Tencent bought back a record $1.3B of shares in December, as China’s gaming rules triggered a selloff; daily buybacks more than doubled since December 22, 2023 (Jeanny Yu/Bloomberg)

Tencent bought back a record $1.3B of shares in December, as China’s gaming rules triggered a selloff; daily buybacks more than doubled since December 22, 2023 (Jeanny Yu/Bloomberg)

Jeanny Yu / Bloomberg:
Tencent bought back a record $1.3B of shares in December, as China’s gaming rules triggered a selloff; daily buybacks more than doubled since December 22, 2023  —  – Tencent share price yet to recover after Dec. 22 plunge  — Daily repurchases more than doubled since new proposal

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