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Tecent falls

China Goes After Internet Platforms Like Alibaba and Tencent - Tekedia

After losing about $338 billion after reaching record high in January, Tecent, China Tech firm slides down from the Top global brand.

Tencent Holdings Ltd. has lost its place among the world’s 10 largest companies by market value, leaving no Chinese company in the list as Bejing’s regulatory crackdown continues to wreak havoc on the stock market.