Business Media News

Bloomberg account on WeChat closed by China

July 8, 2022

Posted by Chris Roush

A Bloomberg social media account on Tencent Holdings’ WeChat accused of violating China’s regulations on online public accounts has been shut down, reports Iris Deng of the South China Morning Post.

Deng reports, “WeChat said it had received ‘complaints’ that Bloomberg’s ‘Daybreak’ account, which has been posting global market updates on a daily basis since January 2021, has breached Chinese regulations, according to a notice on the account page.

“‘All content has been blocked and the account has been suspended,’ the message said, along with a link to the regulations issued by internet watchdog the Cyberspace Administration of China.

“The Bloomberg account’s final update, consisting of pre-trading updates of news bulletins and market data, was made last Friday. All content was inaccessible on Thursday.”

Read more here.

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