Tencent calls talks of break-up ‘highly speculative’

As executives from Tencent Holdings fielded questions from investors and analysts in its earnings call on Wednesday evening, one query appeared to have hit a nerve.When chief strategy officer James Mitchell was asked whether Tencent might spin off some of its businesses, so as to “not seem so large in the eyes of your regulators”, he quickly shifted the question to founder and chief executive Pony Ma Huateng.Before Ma had the chance to say anything, however, president Martin Lau Chi-ping spoke…

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