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Shenzhen-based tech large Tencent Holdings mentioned on Wednesday that it has created a 50 billion yuan (US$7.7 billion) fund devoted to “widespread prosperity”, at some point after Chinese language President Xi Jinping made it a key financial and social objective for the nation.The fund can be used to spice up the earnings of low-income teams, enhance well being care protection, assist rural financial improvement, and help grass roots schooling, Tencent mentioned in a midnight assertion hours after its second-quarter earnings name…
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