China central bank approves Tencent’s Tenpay capital boost

BEIJING (Reuters) – China’s central bank has approved Tencent Holdings’ online payment platform Tenpay boosting its registered capital to 15.3 billion yuan ($2.13 billion), according to a central bank statement on Friday.

($1 = 7.1950 Chinese yuan renminbi)

(Reporting by Beijing Newsroom; Editing by Hugh Lawson)