Chinese social media and gaming giant Tencent Holdings has been suspended from updating its existing apps or launching any new apps as part of Chinese authorities' “temporary administrative guidance” against the company.

The Ministry of Industry and Information Technology (MIIT) has told app stores and platforms to implement the order from Wednesday, reported several Chinese news outlets including state-run chinastarmarket.cn.

SIGN IN  OR SUBSCRIBE TO GET FULL ACCESS.

 

Yuan Talks provides a member-exclusive real-time wire on China's economy and financial markets.

If you don't need details, you don't need us.

 

Start for free

One-click cancel any time!