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Tencent Dismisses 100+ Employees for Violating 'Red Line' After Anti-Corruption Probe
TENCENT (00700.HK) (TCEHY.US) announced its 2024 annual anti-corruption report, revealing that the anti-corruption investigation department uncovered and dealt with over 100 cases ...
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Tencent Dismisses 100+ Employees for Violating 'Red Line' After Anti-Corruption Probe
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TENCENT (00700.HK)  +5.600 (+1.416%)    Short selling $309.01M; Ratio 5.410%   (TCEHY.US)      announced its 2024 annual anti-corruption report, revealing that the anti-corruption investigation department uncovered and dealt with over 100 cases of violations against "Tencent's red line". The investigation resulted in the dismissal and blacklisting of more than 100 employees who will never be hired again by the company.

Among those dismissed, over 20 people were handed over to public security authorities for suspected criminal activities, involving multiple departments such as IEG, CSIG, and PCG.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-01-28 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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