Ant, Tencent fund platforms urge investors to keep cool heads amid stock market volatility

Source: South China Morning PostMainland Chinese tech giants Ant Group and Tencent Holdings have written to investors urging them to keep cool-headed amid increased volatility in the stock market. Ant Group’s Alipay, the most popular payment app in China with a billion users, issued a letter on the wealth management section of its app on Tuesday urging investors in the funds distributed on its platform to take a long-term view of the equities market rather than making hasty, panicked decisions. Earlier this month Tencent…Read More

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