China’s State Administration for Market Regulation (SAMR) penalized Tencent Holdings on Wednesday (Jan. 5) for failing to properly report its transactions.
Late on Tuesday, Tencent reduced its stake in Sea Ltd, a tech giant of gaming and e-commerce in Singapore, which is considered the most valuable stock in Southeast Asia.
Tencent fined in China for failing to report deals comes via ChinaTechNews.com.
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