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Tencent Holdings Limited (TCTZF)

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38.88+0.69 (+1.82%)
At close: 03:46PM EDT
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  • Bloomberg

    Tencent-Backed China Health Information Unicorn Censored Online

    (Bloomberg) -- A Chinese health information provider valued at more than $1 billion by investors including IDG Capital and Tencent Holdings Ltd. has had at least five of its social media accounts frozen by what appears to be government censors.Most Read from BloombergStriking Drop in Stress Hormone Predicts Long Covid in StudyThe Fed’s Damage to the Housing Market May Last YearsChina Has Painted Itself Into a Semiconductor CornerGarland Seeks to Unseal Trump Warrant, Says He Approved SearchThe S

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    ByteDance Pays $1.5 Billion for China Hospital Chain in Health Foray

    (Bloomberg) -- ByteDance Ltd. has acquired one of China’s largest private hospital chains for about $1.5 billion, deepening a foray into health care via one of the largest domestic tech deals since Beijing’s internet crackdown.Most Read from BloombergStriking Drop in Stress Hormone Predicts Long Covid in StudyThe Fed’s Damage to the Housing Market May Last YearsChina Has Painted Itself Into a Semiconductor CornerGarland Seeks to Unseal Trump Warrant, Says He Approved SearchThe Snowballing US Ren

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    India Seeks to Oust China Firms From Sub-$150 Phone Market

    (Bloomberg) -- India seeks to restrict Chinese smartphone makers from selling devices cheaper than 12,000 rupees ($150) to kickstart its faltering domestic industry, dealing a blow to brands including Xiaomi Corp.Most Read from BloombergStriking Drop in Stress Hormone Predicts Long Covid in StudyThe Fed’s Damage to the Housing Market May Last YearsChina Has Painted Itself Into a Semiconductor CornerGarland Seeks to Unseal Trump Warrant, Says He Approved SearchThe Snowballing US Rental Crisis Is