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Filing: China took a "golden share" in Tencent's local subsidiary Shenzhen Yayue, buying a 1% stake for $82K, the latest move to expan


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2023-10-19 10:08:12
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Policy / Governance

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Josh Ye / Reuters:

Filing: China took a “golden share” in Tencent's local subsidiary Shenzhen Yayue, buying a 1% stake for ~$82K, the latest move to expand tech sector control  —  The Chinese government has taken a “golden share” in a domestic subsidiary of tech giant Tencent Holdings (0700.HK) …




Josh Ye / Reuters:

Filing: China took a “golden share” in Tencent's local subsidiary Shenzhen Yayue, buying a 1% stake for ~$82K, the latest move to expand tech sector control  —  The Chinese government has taken a “golden share” in a domestic subsidiary of tech giant Tencent Holdings (0700.HK) …



Source: TechMeme
Source Link: http://www.techmeme.com/231019/p14#a231019p14


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