News Snapshot:
China internet giant Tencent Holdings ( [TCEHY](//research.investors.com/quote.aspx?symbol=TCEHY) ) reported mixed second-quarter results early Wednesday as Beijing cracks down vs. web platforms and many other private-sector sectors. Tencent stock climbed. X The internet messaging, payments and gaming giant reported adjusted earnings of 3.504 renminbi (54 cents) a share on revenue of $21.4 billion. Analysts expected Tencent earnings of 52 cents a share on revenue of $21.5 billion. Tencent was roughly in line with some revenue estimates. Amid Beijing crackdowns vs. internet giants and online gaming in particular, Tencent said that players under age 16 accounted for 2.6% of China gaming revenue....
