Tencent shares slip as earnings miss forecasts

Shares in Chinese internet giant Tencent fell Thursday as a more than 40 percent jump in net profit fuelled by a surge in game revenues missed expectations and annual gaming sales slowed. Tencent became the country's most valuable enterprise in September, overtaking state-owned behemoth China Mobile, three months after buying the creator of popular games "Clash of Clans" and "Clash Royale" for $8.6 billion. Based in the Chinese southern export hub of Shenzhen, the firm operates China's biggest m