Tencent shares fall over 2% after India bans PUBG game, other mobile apps - Hindustan Times
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Tencent shares fall over 2% after India bans PUBG game, other mobile apps

Hong Kong | ByReuters | Posted by: Karan Manral
Sep 03, 2020 02:44 PM IST

India has 118 apps including PUBG to exert pressure on China following a standoff in Ladakh.

Shares of Chinese gaming and social media powerhouse Tencent fell more than 2% on Thursday after India banned 118 mobile apps, including the firm’s popular videogame PUBG.

India’s ban of PUBG has led to Tencent shares fall by 2%.(PTI)
India’s ban of PUBG has led to Tencent shares fall by 2%.(PTI)

The stock traded 2.2% lower at HK$533 in the afternoon, on track to snap two straight sessions of gain.

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The list of 118 mostly Chinese apps also includes those from Baidu and Xiaomi’s ShareSave, as India stepped up pressure on Chinese technology firms following a standoff with Beijing at the border.

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