Chinese tech giant Tencent Holdings Ltd.’s profits soar in 2nd quarter

BEIJING—Chinese internet giant Tencent Holdings Ltd. reported a 35-per-cent increase in second-quarter net profit, enjoying a boost from the release of popular new video games, reports Shan Li of the Wall Street Journal. ( Tencent, the world’s largest gaming company, said Wednesday that its net profit for the April-June period rose to 24.1 billion yuan […]