China holds Tencent executive in corruption probe



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An executive of Tencent Holdings Ltd., China’s most valuable listed company, has been detained by Chinese authorities in connection with an investigation into a high-profile corruption case involving one of the former top officials law enforcement, people familiar with the matter. mentionned.

Zhang Feng has been under investigation by the Chinese Anti-Transplant Inspector since early last year for alleged unauthorized sharing of personal data collected by Tencent’s 700,
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the WeChat social media application, people said. They said Zhang was suspected of handing the WeChat data over to former Vice Public Security Minister Sun Lijun, who is currently investigating by Beijing for undisclosed violations of Communist Party rules.

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