Tencent

PatSnap raised US$300 mil in its Series E funding round.

The NASDAQ-listed company has also unveiled its new regional headquarters in Singapore.

The plan, if implemented, would effectively end the government’s laissez-faire approach to the tech industry.

“Wild growth” in markets needs to be curbed by law, said the People's Daily.

Tencent Music Entertainment Group has attracted more than US$10 billion ($13.67 billion) of orders for its dual-tranche debut dollar bond, beating expectations for investment-grade offerings in Asia’s offshore credit market.

“The U.S. ban on Chinese internet companies will have little impact on the revenue and earnings of most listed Chinese internet companies,” - Jian Shi Cortesi, fund manager at GAM Investment Management in Zurich

The Trump administration’s move to ban US residents from doing business with Tencent Holdings Ltd.’s WeChat app has erased US$34.6 billion ($47.3 billion) from the Internet giant’s market value.

China, one of the world's least cash intensive countries, moves one step closer towards a central bank digital currency.

Unlike cryptocurrencies, which use distributed ledgers and strong cryptography to capture details of coin ownership and transaction, PBOC favours a centralised ledger model that will record and monitor transactions.

(Mar 6): Sea, operator of Southeast Asia’s biggest gaming platform, has raised US$1.35 billion ($1.83 billion) after increasing the size of a follow-on stock offering.