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Silver Point

Thomas J. Monaco

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Silver Point is a boutique research firm that focuses on the broader financial services sector, with a particular focus on troubled institutions globally. 

Asia Ex Japan

Equity Bottom-Up

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Long Arm of the Law: Mainland China’s Ministry of Industry and Information Technology (“MIIT”) has ordered a temporary suspension of updates to apps from November 24, 2021;</li>
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Follow-Up To Other Violations: The temporary suspension come as Tencent Holdings (700.HK) [“Tencent”] was found violating user data security laws on nine apps under the Information Protection Law; and</li>
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Financial Holdco May Be a Forced Issue Too: The long arm of the CBIRC will grab Tencent. The more its relies on Fintech, the more alarming financial regulatory concerns.  </li>
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Long Arm of the Law: Mainland China’s Ministry of Industry and Information Technology (“MIIT”) has ordered a temporary suspension of updates to apps from November 24, 2021;

Follow-Up To Other Violations: The temporary suspension come as Tencent Holdings (700.HK) [“Tencent”] was found violating user data security laws on nine apps under the Information Protection Law; and

Financial Holdco May Be a Forced Issue Too: The long arm of the CBIRC will grab Tencent. The more its relies on Fintech, the more alarming financial regulatory concerns.  


Tencent

Tencent Holdings – Regulatory Squeeze