ABU DHABI/WAM The UAE continues to adopt a forward-looking vision to enhance the regulatory and ...
Read More »Tencent loses $62bn, wiping out value of fintech business
Bloomberg Tencent Holdings Ltd. shares fell a second day on concern regulators are now turning their sights to Pony Ma’s business empire, fueling a $62 billion wipe-out that one brokerage says obliterated most of the value of its online finance business. The stock fall more than 4% in Hong Kong on Monday. China’s top financial regulators see Tencent as the ...
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