bearish

Tencent

Tencent: Assessment of New Tax Proposal for Game Industry

215 Views05 Aug 2021 17:47
We look at the current tax benefit for the online gaming companies and are of the view that the proposal is sensible but the financial impact will be minor based on our assessment.
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Ke Yan, CFA, FRM
Asia Pac IPO & Placement Research, China biotech
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