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Market Cap of China's Listed Internet Firms Up 5.6% QoQ in Q4 2020
CAICT, 1/07/21
As good fiscal stimulus and vaccine news in countries around the world boosted global stock markets in Q4 2020, total market cap of China's publicly traded Internet companies rose 5.6% QoQ to RMB 17.8 trln, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Rumor: Tencent to Enter Financial Information Industry
Sina Tech, 6/12/12
An informed insider reported today that this coming July, Shenzhen-based internet company Tencent (0700.HK) will set up its securities software division, officially announcing its entry into the securities and financial information industry. Read More
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