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TENCENT Major Shareholder Prosus Expands Shr Buyback to USD191M in Past Week

TENCENT (00700.HK) had announced in late June that its substantial shareholder Naspers and the latter's Prosus unveiled the open-ended and…

WeChat Pay HK Mulls to Adopt Visa Cybersources Secured Payment, Fraud Mgmt Solution

TENCENT (00700.HK)'s mobile payment platform WeChat Pay HK announced to further deepen its cooperation with Visa by adopting the secured…

Midday Takeaway: HSI Closes Midday at 18,010, Down 77 pts; HSTI Closes Midday at 3,651, Down 33 pts; HANSOH PHARMA Down over 6%

At midday close, HSI dropped 77 pts or 0.4% to 18,010. HSTI dropped 33 pts or 0.9% to 3,651. HSCEI…

HK Open: HSI Climbs 12 Pts; BABA Ebbs

At open, the HSI climbed 12 pts or 0.06% to 18,100; the HSCEI added 8 pts or 0.14% to 6,233;…

Tencent Holding Ltd. (TCEHY) Dips More Than Broader Markets: What You Should Know

Tencent Holding Ltd. (TCEHY) closed at $35.21 in the latest trading session, marking a -0.28% move from the prior day....…

Elon Musks plans for Twitter may take inspiration from Chinese super apps

Elon Musk said that buying Twitter is an "accelerant to creating X, the everything app," hinting he might take inspiration…

TENCENT Buys Minority Equity Stake in Deadlink Developer Gruby Entertainment

Independent Polish game development studio Gruby Entertainment announced that TENCENT (00700.HK) has agreed to acquire a minority equity stake in…

HSI Skyrockets Over 900 Pts on New Econs, Financials; BYD, Ping An, JD, Shenzhou Up Over 9-13%

The HSI last stood at 17,984, up 905 pts or 5.3%, on turnover of $55.9 billion. Blue chips posted gains…

Elon Musk says buying Twitter will help create an ‘everything app’ more like WeChat and TikTok

After reviving a deal to buy Twitter for US$44 billion, Musk compared his ambitions to his vision for X, a…

Tencent möchte westliche Gaming-Konzerne vollständig übernehmen

Ein Kurswechsel des chinesischen Unternehmens Tencent könnte dazu führen, dass der Konzern weite Teile der Gaming-Branche übernimmt. Während sich Tencent…

TENCENT Buys back 1.34M Shrs for $352M

TENCENT (00700.HK) announced that it had repurchased 1.34 million shares of the company on the Stock Exchange at $259.6-266.4 per…

TENCENT Intends to Explore Possibility of Establishing RMB Trading Counter in HK

TENCENT (00700.HK) expressed that it welcomes the Hong Kong Special Administrative Region government’s proposal to introduce dual-currency stock trading in…

TENCENT Major Shareholder Prosus Abandons USD4.7B Acquisition of Payment Platform BillDesk

TENCENT (00700.HK)'s substantial shareholder Prosus expressed that it has terminated a USD4.7 billion deal to acquire the payment platform BillDesk,…

Research Report: Daiwa Sinks TENCENT (00700.HK) TP to $395, Rating Buy

TENCENT (00700.HK)'s game revenue growth was expected to further decelerate in the second half of this year, before re-accelerating in…

HSBC, Tencent add to Hong Kong stock losses as traders shun riskier assets for safe haven before market holidays

Stocks find no traction even after a 21 per cent slump last quarter, with traders wary of losses before the…

TENCENT Reportedly Plans to Shift M&A Focus to Majority Stakes in Overseas Gaming Firms to Boost Growth

TENCENT (00700.HK)(TCEHY.US) is readjusting its M&A strategy to put more focus on acquiring the majority stakes in overseas gaming firms,…

Tencent shifts focus to majority deals, overseas gaming assets for growth-sources

...By Julie Zhu and Josh Ye HONG KONG (Reuters) - Tencent... of the matter told Reuters. The shift…

FOCUS-Tencent shifts focus to majority deals, overseas gaming assets for growth-sources

...By Julie Zhu and Josh Ye HONG KONG, Oct 1 (Reuters) - Tencent... of the matter told Reuters. The shift comes as the…

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