Tencent Sales Growth Speeds Up After Blockbuster Game Release

(Bloomberg) — Tencent Holdings Ltd.’s better-than-projected earnings reassured investors that China’s gaming industry has rounded a corner, but there was a word of warning that the economic slowdown was making it a challenging environment.

China’s most valuable company posted a better-than-projected 82% surge in net income, after the summer blockbuster Dungeon & Fighter (DnF) Mobile helped its core gaming arm bounce back from two successive quarters of decline.