Tencent shares fall over 2% after India bans PUBG game, other mobile apps

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Shares of Chinese gaming and social media powerhouse Tencent fell more than 2 per cent on Thursday after India banned 118 mobile apps, including the firm's popular videogame PUBG.

The stock traded 2.2 per cent lower at HK$533 in the afternoon, on track to snap two straight sessions of gain.

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The list of 118 mostly Chinese apps also includes those from Baidu and Xiaomi's ShareSave, as India stepped up pressure on Chinese technology firms following a standoff with Beijing at the border.

Also read: Traders' body hails govt move to ban 118 apps with Chinese links