Tencent Video to Fire Up 618 Shopping Promotions This Wed; Technical Service Fee Rate to Be Slashed to 1%
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Chinese Big Tech firms are on the comeback trail amid economic recovery and US tensions
Recent earnings reports from Alibaba, Baidu and Tencent show optimism in an improved regulatory environment and a recovering Chinese economy.…
HKD4.4B Southbound Trading Net Inflow to TRACKER FUND
There was HKD4.4 billion, HKD822.2 million and HKD821.2 million Southbound Trading net inflow to TRACKER FUND (02800.HK), HSCEI ETF (02828.HK)…
Full-day Takeaway: HSI Down 369 pts; HSTI Down 84 pts; MEITUAN Down over 3%; TENCENT Down over 3%; Market Turnover Rises
At close, HSI dropped 369 pts or 1.9% to 18,746. HSTI dropped 84 pts or 2.2% to 3,691. HSCEI fell…
Midday Wrap-up: HSI Craters 395 pts; BABA, Tencent Muted; EV Makers Plummet
The HSI steepened its decline after opening lower by 185 pts. The index wrapped up the first half of the…
Midday Takeaway: HSI Down 395 pts; HSTI Down 93 pts; MEITUAN Down over 4%; BABA Down over 3%; TENCENT Down over 3%
At midday close, HSI dropped 395 pts or 2.1% to 18,720. HSTI dropped 93 pts or 2.5% to 3,682. HSCEI…
Time for China Tech ETFs Despite Mixed-Bag Earnings?
Despite mixed earnings reports from Chinese tech giants like Baidu, Alibaba and Tencent, analysts remain optimistic about the future of…
Tencent replaces chairman at video game live-streaming platform Huya amid regulatory pressure and increased market competition
The executive shuffle is expected to bring greater synergies between Tencent’s video gaming and live-streaming businesses....…
JD.com steigt in den Preiskampf mit Cloud Computing - Diensten wie Alibaba und Tencent ein
SHANGHAI (IT-Times) - Die chinesische E-Commerce- und Logistik-Plattform JD.com hat neue Marketing-Aktionen für seine Cloud-Sparte angekündigt und verspricht günstige......…
HKD2.8B Southbound Trading Net Outflow from TRACKER FUND
There was HKD239.5 million, HKD77.1 million and HKD61.1 million Southbound Trading net inflow to TENCENT (00700.HK), SMIC (00981.HK) and MEITUAN-W…
TENCENT Buys back 1.06M Shrs for About $354M
TENCENT (00700.HK) disclosed that on 24 May, it repurchased 1.06 million shares of the company on the Stock Exchange, at…
WeChat Video Account Live Push Game Switched on
WeChat announced that the function of "video account live push game" has been launched. As such, game manufacturers, which develop…
TikTok Sues Montana Over Ban
TikTok Sues Montana Over Ban
TikTok has filed a…
Chinas internet giants bet big on A.I. as Beijing looks to rival U.S. on tech paradigm shift
On their March quarter earnings calls, Chinese tech giants Baidu, Alibaba and Tencent outlined progress theyre making with the development…
TENCENT VP Said to Act as Huya (HUYA.US) Chair
TENCENT (00700.HK) integrates game-related businesses, under which Lin Songtao, vice president of the group, will succeed Huang Lingdong as chairman…
South African challenger bank TymeBank raises $77.8M from Norrsken22 and Blue Earth Capital
South African digital banking platform Tyme has raised $77.8 million in a pre-Series C round led by African-focused growth stage…
HUYA Inc. Announces Changes to Board Composition
GUANGZHOU, CHINA, May 23, 2023 /PRNewswire/ -- HUYA Inc. (NYSE: HUYA) ("Huya" or the "Company"), a leading game live streaming…
Full-day Takeaway: HSI Down 246 pts; HSTI Down 51 pts; PING AN Down over 3%
At close, HSI dropped 246 pts or 1.3% to 19,431. HSTI dropped 51 pts or 1.3% to 3,852. HSCEI fell…
Tencent Reportedly Granted Patent for Palm Print Recognition Model, Capable of Enhancing User Identification Accuracy
According to Chinese media reports, data from Tianyancha showd that Tencent Technology (Shenzhen) has been granted a patent for a…
TENCENT (00700.HK) Repurchases 1.03M Shrs for $350M
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86 CN Online Games Approved in May; TENCENT (00700.HK), NTES-S (09999.HK) Games on List
The National Press and Publication Administration (NPPA) released the approval results of Chinese online games in May, with 86 games…
HKD2.5B Southbound Trading Net Outflow from TRACKER FUND
There was HKD824.9 million, HKD372.9 million and HKD285.7 million Southbound Trading net inflow to TENCENT (00700.HK), MEITUAN-W (03690.HK) and CHINA…
Tencent launches palm payments in Beijing, allowing metro passengers to pay with the wave of a hand
WeChat users who register their palm prints can pay for rides on Beijing’s airport express line using only their hands…
Tencent-Hillhouse Capital JV Blue 1Q APE Spikes Over 90% QoQ
Blue, an online life insurance company, recorded a strong growth in the first quarter of this year, with annualized premium…
Full-day Takeaway: HSI Up 227 pts; HSTI Up 81 pts; MEITUAN Up over 3%
At close, HSI rose 227 pts or 1.2% to 19,678. HSTI rose 81 pts or 2.1% to 3,903. HSCEI gained…
Warum die Aktien von Technologiewerten wie Alibaba, BYD, Baidu und Tencent heute deutlich zulegen
HONGKONG (IT-Times) - Der Hang Seng Tech Index kann heute Morgen deutlich zulegen, Aktien von Unternehmen wie Alibaba, Baidu, JD…
Midday Takeaway: HSI Up 252 pts; HSTI Up 91 pts; KUAISHOU-W Up over 6%
At midday close, HSI rose 252 pts or 1.3% to 19,702. HSTI rose 91 pts or 2.4% to 3,913. HSCEI…
WeChat Launches Palm Pay Feature
TENCENT (00700.HK)(TCEHY.US)'s communication software WeChat officially announced the launch of WeChat Palm Pay, a new feature that allows users to…
Alibaba, Baidu and Tencent Signal First Steps in Bumpy Recovery
The economy is open again, helping Alibaba, Baidu and Tencent claw back in the first quarter from a miserable 2022,…
Where Will Tencent Stock Be in 5 Years?
Brighter days could be ahead for the Chinese tech giant....…
HKD1.7B Southbound Trading Net Outflow from TRACKER FUND
There was HKD323.3 million, HKD92.6 million and HKD24.4 million Southbound Trading net inflow to CHINA MOBILE (00941.HK), CNOOC (00883.HK) and…
Full-day Takeaway: HSI Down 276 pts; HSTI Down 95 pts; BABA Down over 6%; MEITUAN Down over 3%; SHOUCHENG, CHINA LILANG Hit New Highs
At close, HSI dropped 276 pts or 1.4% to 19,450. HSTI dropped 95 pts or 2.4% to 3,821. HSCEI fell…
Tencent Cloud, NORHEAST SECURITIES Nail Strategic Cooperation on Areas Incl. New Financial Infra
Tencent Cloud announced that it has inked a strategic cooperation agreement with NORHEAST SECURITIES (000686.SZ), pursuant to which the two…
Research Report: Macquarie Slightly Trims TENCENT (00700.HK) TP to $491, Rating Outperform
Macquarie trimmed its target price on TENCENT (00700.HK) from $496 to $491 and maintained its Outperform rating in a report.Macquarie…
Alibaba results weigh on Hong Kong stocks, with Baidu, Tencent and Meituan pressuring index further
Hong Kong stocks fell after Alibaba’s underwhelming revenue growth for the quarter disappointed investors, with tech bellwethers weigh further on…
*Macquarie Slightly Trims TENCENT (00700.HK) TP to $491, Rating Outperform
~AAStocks Financial NewsWeb Site: www.aastocks.com...…
*HSBC Global Research: TENCENT (00700.HK) Game Biz Recovering, Rating Buy
~AAStocks Financial NewsWeb Site: www.aastocks.com...…
TENCENT Ma Huateng Says AI R&D Progressing at Full Steam But No Need to Rush
TENCENT (00700.HK)(TCEHY.US)'s chairman Ma Huateng responded to inquiries regarding ChatGPT and artificial intelligence (AI) at the 2023 shareholding conference, stating…
HKD1.6B Southbound Trading Net Inflow to TENCENT
There was HKD1.6 billion, HKD579.9 million and HKD279.2 million Southbound Trading net inflow to TENCENT (00700.HK), CHINA MOBILE (00941.HK) and…
TENCENT Video Account Unrolls Brand Incentive Plan
WeChat Video Account under TENCENT (00700.HK) unrolled the latest brand incentive plan. From 16 May to 16 July, the Video…
Research Report: Jefferies Raises TENCENT (00700.HK) TP to $470, Rating Reiterated Buy
TENCENT (00700.HK)'s 1Q23 revenue came in ahead of forecasts, driven primarily by the stronger-than-anticipated revenue from online game, fintech and…
*Jefferies Raises TENCENT (00700.HK) TP to $470, Rating Reiterated Buy
~AAStocks Financial NewsWeb Site: www.aastocks.com...…
Midday Takeaway: HSI Up 217 pts; HSTI Up 66 pts; LONGFOR Down over 5%; SINOPEC KANTONS Hit New Highs
At midday close, HSI rose 217 pts or 1.1% to 19,777. HSTI rose 66 pts or 1.7% to 3,936. HSCEI…
Brokers Post-result TPs, Views on TENCENT (00700.HK) (Table)
Brokers│Ratings│TPs (HKD)Nomura│Buy│510Citigroup│Buy│503->506CICC│Outperform│475BofA Securities│Buy│496->473Jefferies│Buy│465->470Daiwa│Buy│465Credit Suisse│Outperform│461UBS│Buy│460Morgan Stanley│Overweight......…
Tencent Shares Drop After Profit Misses Estimates, but Analysts Signal Optimism
Tencent Shares Drop After Profit Misses Estimates, but Analysts Signal Optimism...…
Research Report: BofAS Trims TENCENT (00700.HK) TP to $473, Rating Buy
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Research Report: G Sachs Slightly Adds TENCENT (00700.HK) TP to $443, Rating Buy
Goldman Sachs has slightly incremented the target price of TENCENT (00700.HK) from $442 to $443, and maintained its Buy rating…
Alibaba, Baidu pace Hong Kong stocks on earnings sentiment while Tencent drops after falling short of expectations
Alibaba will release its earnings card later today, while Baidu rises on better-than-expected revenue and profit. Tencent drops despite better-than-expected…
Research Report: Citi Slightly Hikes TENCENT (00700.HK) TP to $506, Rating Buy
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TENCENTs Number of Employees Shrinks by Nearly 10K YoY in 1Q23; RMB1.9B Saved in Remuneration Cost
The number of staff employed by TENCENT (00700.HK) as of the end of March 2023 amounted to 106,200, representing a…