Tencent Shares Fall Despite Strong Q4 Earnings as AI Spending Concerns Grow
Tencent’s latest earnings season delivered a twist few saw coming. On March 18, 2026, the Chinese tech giant reported a strong Q4 2025 performance, with revenue climbing about 13% and net profit up sharply thanks to gains in gaming and advertising. Yet, instead of cheering investors, the stock slid sharply on the Hong Kong market. The reason?
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