Hong Kong — Tencent jumped the most in a month after White House officials are said to have reassured American businesses that a ban on its WeChat app won’t be as broad as feared.

The WeChat owner rallied 5.8% at the close in Hong Kong on  Monday, making it the best performer on the benchmark Hang Seng index, after people familiar with matter said the Trump administration is privately seeking to reassure US companies including Apple that they can still do business with Tencent’s WeChat messaging app in China...

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