- Tencent Holdings Ltd's TCEHY WeChat messaging app will allow users to access external links from Friday, Reuters reports, and also confirmed by a tweet.
- The update follows China's mandate to companies like Alibaba Group Holding Ltd BABA and Tencent to stop blocking each other's links.
- The companies previously planned to open up their services to one another to counter the crackdown.
- Chinese tech stocks, including BABA, Baidu Inc BIDU, JD.com Inc JD, Bilibili Inc BILI, DiDi Global Inc DIDI, are trading higher in the premarket today after a bloodbath due to China's regulatory extended crackdown.
- Price Action: BABA shares traded higher by 1.11% at $158 in the premarket session on the last check Friday.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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