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HomeTechChina central bank approves Tencent's Tenpay capital boost

China central bank approves Tencent’s Tenpay capital boost

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BEIJING (Reuters) – China’s central bank has approved Tencent Holdings’ online payment platform Tenpay boosting its registered capital to 15.3 billion yuan ($2.13 billion), according to a central bank statement on Friday.

($1 = 7.1950 Chinese yuan renminbi)

(Reporting by Beijing Newsroom; Editing by Hugh Lawson)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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