Tencent builds online trading platform for Chinese bonds

Jamie McKane

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Tencent builds online trading platform for Chinese bonds

Tencent Holdings Ltd. is joining forces with a finance startup to create a system for over-the-counter bond deals, banking on its appeal to the army of traders that already rely on its popular messaging services.

China’s biggest social media and gaming company and its partner is launching the service Friday after almost two years of fine-tuning.

[Bloomberg]
 
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