- Tencent Holdings Ltd TCEHY has won the domestic regulatory approval for acquiring an additional stake in the Chinese animation company Studio 9, Reuters reports.
- The gaming company reported a 20% revenue growth in Q2 amid regulatory crackdown tensions.
- China recently cleared Analog Devices Inc's ADI Maxim Integrated Products Inc MXIM deal.
- Price Action: TCEHY shares traded higher by 8.42% at $61.95 on the last check Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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