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Benzinga
Benzinga
World
Shanthi Rexaline

Why This Chinese Internet Giant's Top Execs Took A Deep Pay Cut In 2021

Chinese technology, media and entertainment conglomerate Tencent Holdings Limited (OTC:TCEHY) is among the high-profile companies in the country to face regulatory scrutiny that gathered momentum in early 2021.

Tencent shares traded over the counter in the U.S. peaked at $99.40 in mid-February 2021 and have lost about 53% since then. Along with the contraction in stock price, executive pay at the company has also shrunk.

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