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 (Josh Ye/Reuters)

October 19, 2023

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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) …

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