Tencent Holdings Ltd. shares fell a second day on concern regulators are now turning their sights to Pony Ma’s business empire, fueling a $62 billion wipe-out that one brokerage says obliterated most of the value of its online finance business. China’s top financial regulators see Tencent as the next target for increased supervision after the clamp down on Jack Ma’s …
In my 20s, I was often struck by the fact that we were frequently left with no alternative than to turn to our family or friends for any financial assistance. Be it an unexpected medical emergency, or a move to a new city, we relied on informal source of credit or ended up paying high interest rate on our credit …