Tencent executive held by China over corruption probe, WSJ says

A Tencent Holdings Ltd. executive was held by authorities in China as part of investigation of a corruption case involving a former top law-enforcement official. — Reuters

A Tencent Holdings Ltd. executive has been held by authorities in China investigating a corruption case involving a former top law-enforcement official, the Wall Street Journal reported, citing people with knowledge of the matter.

The executive was investigated for allegedly sharing personal data collected by WeChat with a former government official, according to the report. Tencent’s shares were down more than 1% in Hong Kong trading.