Tencent Rides Hit Game for China’s Biggest Gain in Market Value

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A hot new online game is refueling investor optimism for Tencent Holdings Ltd., driving China’s biggest stock boost of 2024.

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Tencent’s Marquee Game Generates Over $140 Million in First WeekTencent Holdings Ltd.’s blockbuster release Dungeon & Fighter Mobile is estimated to have generated over $140 million in player spending in its first week in China, one of the most lucrative debuts in the world’s biggest games market.
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