CICC ties up with Tencent to launch $70m fintech venture

CICC ties up with Tencent to launch $70m fintech venture

REUTERS/Aly Song

Chinese investment bank China International Capital Corporation (CICC) has inked an agreement with a Tencent Holdings subsidiary to launch a joint venture to deliver technology solutions and digitalized operational support services for wealth management, CICC announced on Tuesday.

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