Searched for
TENCENT CLAMPDOWN
China’s Meta backlash renders Manus model ‘officially dead’Beijing's order for Meta to unwind its $2 billion takeover of AI startup Manus signals a new era of regulatory scrutiny for China's tech in...- Alibaba shares rise 5.5% amid hopes Ant regulatory crackdown is endingThe scrutiny of the last two years created an uncertain environment that wiped billions off China tech sector share prices, including onlin...
- Ant to buy back shares at 70% lower valuation than at IPOThe limited partners also committed to retaining the two dividends in 2022 with Hangzhou Junhan and Hangzhou Junao to enhance the operation...
- Tencent resumes growth, posts $21.9 billion revenue in December quarterTencent Holdings Ltd.’s revenue inched up after two quarters of contractions, fueling hopes that Beijing will again allow the world’s large...
- Alibaba shares lose $28 billion in sign rally is fizzling outHangzhou-based Alibaba’s gains in January were more than almost any other company in the Hang Seng as it extended its rally from an October...
- China's video game makers come in from the cold as crackdown easesBeijing's tough curbs in 2021 laid waste to the once-booming industry, shaving over half of the market value of sector leaders like Tencent...
- Tencent shifts focus to majority deals, overseas gaming assets for growth: sourcesTencent told Reuters the company had been investing abroad for a long time - "long before any new regulations" in China. It looks for "inno...
- China approves 60 new games, sparking hopes tech crackdown is endingOfficials in China -- the world's biggest gaming market -- rolled out a series of restrictions last year as part of a sweeping government c...
- Tencent leads China tech selloff amid fears of further crackdownTraders pointed to everything from warnings from regulators over the weekend about scams in the metaverse to talk about yet more curbs on t...
- Exclusive: Even later-stage investors can get hefty returns in India, says Naspers CEO Bob van DijkThe investment firm is convinced of the Indian market's potential to deliver hefty returns to even later-stage investors like the South Afr...
- Even after $1.5 trillion rout, China tech traders see more painA stock rout triggered by Beijing’s widening clampdown has left Tencent Holdings Ltd. trading at a price-to-book ratio lower than during th...
- US-listed China stocks pounded as regulatory woes intensifyAmerican depositary receipts for tech giants have racked up losses with Tencent Holdings Ltd., Alibaba Group Holding Ltd., and Nio Inc., er...
- Tencent boss loses $14 billion in rout, more than Jack MaIn a twist that has upended conventional wisdom on the political pecking order of China’s business elite, Tencent Holdings Ltd.’s mild-mann...
- Market darling Tencent turns into world's worst stock bet with $170 billion wipeoutTencent’s shares rebounded by 7.1% on Thursday morning, tracking broader gains in Chinese stocks after Beijing intensified efforts to allev...
- Tencent Music says facing increased China scrutiny, is committed to laws"In recent months, we have received increased regulatory scrutiny from relevant authorities, and have been actively co-operating and commun...
- Tencent in talks with US to keep gaming investments: ReportTencent owns a 40% stake in Fortnite maker Epic Games. It also bought a majority stake in Riot Games in 2011 and acquired the rest of the c...
- China summons internet finance firms as clampdown widensThe companies will have to set up financial holding companies if they meet requirements to do so, as Alibaba's fintech affiliate Ant Group ...
- China readies sizeable penalty for Tencent in sweeping antitrust crackdown, say sourcesTencent faces penalties for not properly reporting past acquisitions and investments for antitrust reviews, an offence with a fine capped a...
- China delivery giant Meituan raises $10 billion to build a warchest for drones, self-driving carsThe robust demand comes as Chinese regulators crack down on technology giants for a range of violations from monopolistic behaviour to flou...
- Tencent faces broad China clampdown on Fintech, DealsAsia’s largest conglomerate was censured by China’s antitrust watchdog on Friday as Beijing expands a crackdown that began with Jack Ma’s o...
Load More
