(Yicai Global) March 12 -- Tencent Holding's shares [HK:0700] caught the rebound in the afternoon after falling by 4.28 percent to HKD362.20 (USD47) in the morning as investors fretted the US National Basketball Association's suspension of play for the rest of the season in response to the spread of Covid-19 in the country will eat away at its advertising revenue.

The company's stock was trading down 3.65 at HKD364.60 at around 3.00 p.m.

Editor: Ben Armour