Monday, March 15, 2021

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)

Zheping Huang / Bloomberg:
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



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