Plot Twist: Tencent noticing the popularity of the mon videogame Palworld talk with Roll for Combat to create the videogame of "Battlezoo". (Disclaimer: Of course I was kidding).
In the last years 5e hasn't touched the Chinese culture as source of inspiration, but one of the dark realms in the "reboot" of Ravenloft. It is as if they wanted to avoid possible risks by fault of "dangerous friendhips".
A parnetship WotC-Tencent is possible. Tencent could create a "xuanhuan" D&D setting, by and for Chineses, avoiding possible taboos, for example about the undeads. This setting would also to be published in the Western market.
If Hasbro really needed to be acquired, then it should be other company under the same control of the investement fund.
And if Hasbro is well informed, I doubt they want to risk in the Chinese market for this years.