04:57 AM EDT, 03/19/2026 (MT Newswires) -- JPMorgan Chase & Co ( JPM ) has closed down the private banking account of Chinese investor Tang Hao over know-your-customer concerns, Bloomberg reported Thursday, citing unnamed people familiar with the matter.

Tang held a $4 billion stake in AppLovin (APP) as of early 2025, the report said.

The account was closed in recent months, the report said.

JPMorgan ( JPM ) and AppLovin did not immediately reply to MT Newswires' request for comment.

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