Why Is Everyone Talking About Tencent Stock?

Tencent's (OTC: TCEHY) stock has declined about 40% over the past six months. A barrage of negative headlines may have left some investors wondering if they should abandon the stock -- or, on the flip side, buy it on the dip. Why is everyone talking about the besieged Chinese tech giant? 

After China's State Administration for Market Regulation (SAMR) fined Alibaba (NYSE: BABA) $2.75 billion for anticompetitive behavior in April, many investors assumed Tencent would be the next target.

In late April, Reuters claimed the SAMR was getting ready to fine Tencent $1.54 billion. The government hasn't dropped that hammer yet, but it's issued Tencent several smaller fines of 500,000 yuan ($77,400) apiece for previously unapproved investments and acquisitions.

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Source Fool.com