China orders Tencent and other big tech firms to curb their finance businesses
CNN
In a statement Thursday, the People's Bank of China said that it had summoned 13 companies, including Tencent (TCEHY), JD.com (JD), ByteDance, Meituan and Didi Chuxing, for talks that were also attended by the China Banking Regulatory Commission, the China Securities Regulatory Commission and the State Administration of Foreign Exchange.
The agenda included wide-ranging "problems that are common in the current financial business of internet companies," according to the central bank.
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