Tencent Holdings founder Pony Ma and others from China’s crackdown-hit Internet sector will be absent from this year’s parliamentary sessions.
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Promoted | Africa is building a globally competitive and relevant enterprise environment thanks to hyperscale innovation and evolution, says Julian Liebenberg, chief of Cloud Platforms at BCX.
Tencent shares have nearly doubled from a recent low on growing signs that China is preparing to end its crackdown on major tech firms.
Chinese technology shares advanced on Monday as the sector’s outlook improved further following regulator comments that a years-long crackdown is ending.
Ant Group’s founder Jack Ma will give up control of the Chinese fintech giant in an overhaul that seeks to draw a line under a regulatory crackdown.
Investors have been spooked by new US export control measures aimed at slowing Beijing’s technological and military advances.
Telkom’s IT systems integration business, BCX, has signed a partnership agreement with Alibaba Cloud, the cloud services arm of Alibaba Group.
For early backers, including Naspers, they’ve been some of the most profitable Chinese stock investments of all time.
Tencent Holdings logged its first-ever decline in quarterly revenue, becoming the latest victim of a worsening Chinese economy.
China’s Internet giants have shared details of their prized algorithms with Beijing for the first time, an unprecedented move.