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Subscriber OnlyTechnologyTencent Faces Broad China Clampdown on Fintech, DealsWatchdogs see Tencent as next target for oversight after AntCompany was fined on Friday for its 2018 investment in an appPhotographer: Yan Cong/BloombergByBloomberg NewsMarch 12, 2021, 7:26 AM UTCUpdated onMarch 12, 2021, 2:11 PM UTCPony Ma’s Tencent Holdings Ltd. has been put on notice.Asia’s largest conglomerate was censured by China’s antitrust watchdog on Friday as Beijing expands a crackdown that began with Jack Ma’s online empire.
