The world's largest video game company plans to double its share buybacks this year as it continues its post-Beijing crackdown recovery

The Communist Party official has reportedly been removed after the roll-out of the plans sparked fears Beijing was about to crack down on its tech sector again

Tencent is the second large Chinese technology company to look for domestic alternatives to Nvidia amid tightening US sanctions

Friday's $984 million fine on Ant Group, one of the largest ever for a Chinese internet company, is largely being seen as an end to Beijing’s tech crackdown

About a dozen Chinese firms, including Tencent Music Entertainment Group, Didi Global and NetEase, are likely to be inspected in a fresh round of routine checks

The move is China's latest effort to enable the internationalisation of the yuan and protect its economy from capital outflows and geopolitical risks