Tencent, Asia’s most valuable listed technology company, said new Chinese government regulations aimed at limiting chat applications would not hurt its business model, which depends overwhelmingly on drawing users of its popular QQ and WeChat instant messaging apps.
During a conference call on Wednesday following the publication of quarterly earnings, Martin Lau, Tencent’s president, said the requirement for users to register under their full names would not present a huge hurdle for many who already provide their mobile phone numbers in order to register.
“The requirement that users use their real names is already there” because they have to register their mobile phones, he said