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Tencent President Martin Lau to Step Down From Board

Chinese internet giant Tencent announced that President Martin Lau will step down from its board of directors after the company’s annual general meeting on May 17. His role as president will remain unchanged. Lau said during a news conference that his decision to leave the board is part of Tencent’s effort to make the board more independent from the management team. Currently Lau and Tencent...

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