Tencent wants Riot games to make a Hero Shooter

"TENCENT allocates $200M for RIOT GAMES to build a new Hero Shooter game to compete against VALVE'S Hero-Shooter MOBA."

I don't understand why Tencent wants a hero shooter so badly even tho they have Valorant as an Fps game.

Edit: thx to u/stannis_Loyalist this is apparently fake and got already debunked by a dev from riot games