Tencent

Minors under the age of 16 accounted for 2.6 percent of its online game revenue in China, including just 0.3 percent from elementary school students under the age of 12, the company said.

Tencent Music's first digital collections of music using NFT technology will be available soon and will go live on QQ Music this month, the company announced on Weibo on Aug. 9.

Tencent's 2022 fall campus recruitment launched on Friday, offering over 7,000 positions, an increase of more than 40 percent over last year.

Goldman Sachs has added Tencent to its Conviction Buy list in its latest research note but increased its valuation discount to 15 percent from 10 percent in light of the latter's exposure to regulatory uncertainty.

WeChat had 1.24 billion combined monthly active accounts in the first quarter, up 3.3 percent year-over-year and up 1.4 percent from the previous quarter, according to Tencent's earnings report for the first quarter.

Tencent has imposed further restrictions on minors' game spending, with its most popular game Honor of Kings releasing new rules on Wednesday that show users under the age of 12 are banned from topping up in the game.

Tencent's Platform and Content Group (PCG) is internally testing a Discord-like social app for gamers called NokNok, or "KK" as it is known internally.

Tencent on Tuesday announced new measures to reduce the impact of games on minors, amid a renewed focus on the topic.