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小袣肖袨 Telegraph 馃厜 Telegram | DID YOU KNOW?

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China鈥檚 stock markets are some of the largest in the world, with total market capitalization reaching RMB 79 trillion (US$12.2 trillion) in 2020. China鈥檚 stock markets are seen as a crucial tool for driving economic growth, in particular for financing the country鈥檚 rapidly growing high-tech sectors.Although traditionally closed off to overseas investors, China鈥檚 financial markets have gradually been loosening restrictions over the past couple of decades. At the same time, reforms have sought to make it easier for Chinese companies to list on onshore stock exchanges, and new programs have been launched in attempts to lure some of China鈥檚 most coveted overseas-listed companies back to the country.

A Telegram spokesman declined to comment on the bond issue or the amount of the debt the company has due. The spokesman said Telegram鈥檚 equipment and bandwidth costs are growing because it has consistently posted more than 40% year-to-year growth in users.

小袣肖袨 Telegraph 馃厜 from US



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