Tencent Holdings (TCEHY) has enabled digital yuan payments on its chat app WeChat. Nikkei Asia reports that the app will be compatible with payments involving the digital yuan ahead of the Beijing Winter Olympics. TCEHY shares rose 1.47% to close at $57.15 on January 7. Tencent is a Chinese investment company that offers value-added and advertising services. It makes money from display-based and performance-based advertisements. Tencent's earnings report for Q4 2021 is scheduled for March 23, 2022. Digital Yuan Support The Chinese government intends to test the digital currency at Olympic venues when the Winter games start next month.
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