In August 2022, Tencent reported a drop in quarterly revenue for the first time in 18 years. The investment bank Goldman Sachs believes that the situation will not improve in the third quarter. According to their estimates, the revenue of the Chinese giant will fall by 1%, and operating profit — by 8%.

According to the Seeking Alpha portal with reference to traders, the investment bank acquired 3.7 million Activision Blizzard shares at a price of $72.25 apiece.