An executive at Tencent Holdings Ltd., China’s most valuable publicly listed company, has been held by Chinese authorities, part of a probe into a high-profile corruption case involving one of the country’s former top law-enforcement officials, people familiar with the matter said.
Read More...
An executive at Tencent Holdings Ltd., China’s most valuable publicly listed company, has been held by Chinese authorities, part of a probe into a high-profile corruption case involving one of the country’s former top law-enforcement officials, people familiar with the matter said.
Zhang Feng has been under investigation by China’s anti-graft inspector since early last year for alleged unauthorized sharing of personal data collected by Tencent’s 700, -0.59% social-media app WeChat, the people said. They said Zhang was suspected of turning over WeChat data to former Vice Public Security Minister Sun Lijun, who is being investigating by Beijing for undisclosed violations of Communist Party rules.
Add Comment