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Tencent Tumbles Again on Likely China Fine
Aggregated Source: ChinaTechNews.com

Previous Next Tencent Tumbles Again on Likely China Fine ph.investing.com 10 hrs ago Investing.com © Reuters Tencent Tumbles Again on Likely China Fine Investing.com – Tencent (HK:0700) (OTC:TCEHY) stock was down 10.2% in Hong Kong trading Tuesday, its second straight day of such heavy losses on reports the online giant faces a potential record fine because of its mobile app WeChat Pay violating its home country’s central bank rules on money laundering and '‘know your customer’' process.

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