China’s Tencent Holdings Ltd. TCEHY 0.30% is banking on a successful launch abroad for “Honor of Kings,” but the hit smartphone game faces an uphill battle in the U.S., where the company can’t lean on its popular messaging apps to hook players. With 50 million daily active users there, according to Tencent, “Honor of Kings” is in the same league as Activision Blizzard Inc.’s global hit “Candy Crush Saga,” analysts said. Click here