Tiger Newspress10:41
WeChat, part of Tencent, announced measures against Yuanbao links—also a Tencent product—that violated platform rules. The action targets excessive marketing and task- or red-envelope-based sharing that encouraged high-frequency posting to groups, disrupting platform order and user experience. Yuanbao’s offending links will be restricted from opening directly in WeChat, effective immediately.
Tencent shares dropped 3.2% in Hong Kong.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
