China's Tencent cautious after surge in quarterly profit
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HONG KONG (Reuters) - China's Tencent Holdings , the world's largest gaming company by revenue, warned on Wednesday of a difficult economic environment even as it reported a better-than-expected 35% jump in quarterly profit.Growth in the company's gaming business resumed in the second quarter after a long regulatory freeze in China and its fintech operations also generated sharply higher revenues. However, Tencent saw a slowdown in online advertising revenue growth amid a slowing Chinese economy..