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The carrier posted a first-half loss of HK$2.05 billion, its first interim loss in six years. Its stock advanced 0.86 per cent to HK$11.70 in today’s market. Mainland China stocks saw mixed signals on Wednesday, with the Shanghai Composite …
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In 2014, it acquired Chinese online literary platform Cloudary Corp for $729.6 million. Cloudary had filed for an IPO on the New York Stock Exchange in 2011 and 2012, but withdrew its application in 2013, citing “market conditions.” Tencent …