Tencent is a huge company with its hands in a little bit of everything, but it is best known as the owner of WeChat, its gaming division with titles like PUBG Mobile, Call of Duty: Mobile ...

Shares in Tencent dropped, after the Pentagon added the social-media and videogaming company to its list of "Chinese military companies." Tencent said the addition was "clearly a mistake.

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The WeChat owner is feeling the effects of a regulatory clampdown on gaming, as well as wider economic downturn. China's central bank on Monday cut interest rates to try to spur activity.