Tech
Tencent is no longer China's most valuable company after its shares dropped 64% since Jan. 2021, wiping $623B in market value, more than any other firm globally (Jeanny Yu/Bloomberg)
Jeanny Yu / Bloomberg:
Tencent is no longer China’s most valuable company after its shares fell 64% since January 2021, wiping out $623 billion in market value, more than any other company globally.– Tencent Holdings Ltd. has lost its title of China’s largest company to liquor giant Kweichow Moutai Co., the latest sign of…
