Tencent shares fell 4% on Monday and 4.4% on Friday, wiping out $62B, as sources say China’s regulators will focus on Tencent following Ant Group crackdown — – Its fintech, payments business worth $120 billion: Bernstein — Shares fall a second day on concern over regulatory scrutiny
Tencent Shares Fell 4% On Monday And 4.4% On Friday, Wiping Out $62B, As Sources Say China’s Regulators Will Focus On Tencent Following Ant Group Crackdown (Zheping Huang/Bloomberg)
By uzair
uzair
Uzair is a features writer at Cafeer.de. He is a graduate of Emerson College and recently completed the MFA in writing.
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