Tencent shares fall over 2% after India bans PUBG game, other mobile apps

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Tencent shares fall over 2% after India bans PUBG game, other mobile apps
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Shares of Chinese gaming and social media powerhouse Tencent fell more than 2% on Thursday after India banned 118 mobile apps, including the firm's popular videogame PUBG.

FILE PHOTO: People visit Tencent's booth at the World 5G Exhibition in Beijing, China November 22, 2019. REUTERS/Jason Lee/File Photo

HONG KONG - Shares of Chinese gaming and social media powerhouse Tencent fell more than 2% on Thursday after India banned 118 mobile apps, including the firm’s popular videogame PUBG. The stock traded 2.2% lower at HK$533 in the afternoon, on track to snap two straight sessions of gain.

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