Tencent boss vows 'compliance' with China regulators

Tencent boss vows 'compliance' with China regulators 51 AM MYT Ma said he would ‘actively cooperate with regulatory authorities and be as compliant as possible’ during a news briefing late Wednesday on Tencent's annual results. Tencent's billionaire founder Pony Ma — China's second richest man — has met anti-monopoly regulators and agreed his firm will be "as compliant as possible", after rival tech giant Alibaba was battered by legal woes. Tencent, which owns the super-app WeChat and a lucrative gaming empire, is the latest tech conglomerate to fall into the crosshairs of China's regulators. They have launched a blitz on…