- Hong Kong-listed Tencent shares fell 4.6 percent in morning trade.
- On Wednesday, the technology firm reported a 98 percent jump in quarterly net profit.
Shares of China's Tencent Holdings fell as much as 4.6 percent on Thursday after the Hong Kong-listed internet giant's results announced a day earlier showed that revenue missed estimates and it warned that planned investments may hurt margins.
Tencent shares fell to as low as 441.4 Hong Kong dollars ($56.26) in early trading. The company on Wednesday reported a 98 percent jump in quarterly net profit, beating estimates, though revenues rose slower than expected at 51 percent.
Company president Martin Lau warned at a briefing on Wednesday that the company plans to invest "aggressively" in areas including video and payment, which may hurt margins.