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Chinese tech giant Tencent plunges 1O% after report of record anti-
money laundering fine
Arjun Kharpal - 5h ago
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encent shares dived in Hong Kong on Monday after the Wall Street Journal reported
the Chinese tech giant could face a record fine for violating anti-money laundering
rules
Tencent shares fell nearly 10% to close at 331.80
Kong dollars (S42.38), their lowest
closing level since Dec.
5,2019.
Kennv
Live atl
Hong Kong-listed shares of other Chinese tech names also took a battering on Monday as
Heinz
(Feld APi
already-fragile sentiment towards the country's internet sector continues to get tested.
heinz fieldpittsburgh:
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