Source: Tech – South China Morning PostShenzhen-based tech giant Tencent Holdings said on Wednesday that it has created a 50 billion yuan (US$7.7 billion) fund dedicated to “common prosperity”, one day after Chinese President Xi Jinping made it a key economic and social goal for the country.The fund will be used to boost the income of low-income groups, improve health care coverage, help rural economic development, and support grass roots education, Tencent said in a midnight statement hours after its second-quarter earnings call…Read More