REUTERS/ It has reported a better - than - expected 30 % rise in Q3 profits to China ( $ 3.4bn ) and a 30 % increase in revenue to China . However , revenue grew at its slowest quarterly rate in three years . New regulations for the gaming industry in China , including a halt on new game approvals , has impacted on Tencent 's main business , with shares falling by a third this year . Tencent game PUBG Mobile is yet to receive approval in China , which could be worth $ 500 a year , according to estimates .
It has reported a better - than - expected 30 % rise in Q3 profits to China ( $ 3.4bn ) and a 30 % increase in revenue to China . However , revenue grew at its slowest quarterly rate in three years . New regulations for the gaming industry in China , including a halt on new game approvals , has impacted on Tencent 's main business , with shares falling by a third this year . Tencent game PUBG Mobile is yet to receive approval in China , which could be worth $ 500 a year , according to estimates .