Tencent executive held by China over links to corruption case: Report

(Reuters) – An executive at Tencent Holdings Ltd has been held by Chinese authorities as part of a probe into a high-profile corruption case involving one of China’s former top law-enforcement officials, the Wall Street Journal reported, citing people familiar with the matter.

Shares in the gaming company and internet powerhouse fell 1.4% in early trade in Hong Kong on Thursday, while the broader market slipped 0.3%.

Tencent did not immediately respond to a request for comment.