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Wednesday, November 15, 2017

This Chinese tech giant could soon be worth more than Facebook

China's answer to Facebook could soon be worth more than the real thing.

Shares in Tencent (TCEHY), a Chinese social media and video games giant, have more than doubled in price over the past year, propelling the company's market value ever closer to Facebook (FB, Tech30)'s $520 billion.

http://money.cnn.com/2017/11/15/investing/tencent-market-value-facebook/index.html

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