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Chairman reduces stake in Tencent

Sep. 17, 2009 (China Knowledge) - Tencent Holdings<0700>, a leading provider of Internet and mobile and telecom value-added services in China, on Friday announced that last week Ma Huateng, chairman of Tencent, sold 500,000 shares in the company in two tranches for approximately HK$64.40 million, sources reported. Tencent said in a statement filed with the Hong Kong Stock Exchange that Ma

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