A top Tencent Financial Technology risk control executive Yang Jun, will soon leave the company amid stricter regulatory requirements for financial firms in China , reports Caixin. "Yang, who is also the general manager of Tencent’s wealth management arm Tengan Funds Sales, is likely to return to the traditional financial services sector," said sources said Caixin, citing people familiar with the matter. Reference Link
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on TCEHY:
- Tencent seeks to be China’s exclusive seller of Meta’s Quest 2, WSJ reports
- Tencent scraps plans to venture into VR hardware, Reuters reports
- Tencent price target raised to $48 from $36 at Barclays
- Tencent’s Riot Games cuts 46 jobs, IGN reports
- Sony announces additional games coming to PlayStation VR2