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Midday Takeaway: HSI Closes Midday at 19,721, Down 40 pts; HSTI Closes Midday at 3,845, Up 34 pts; LI AUTO Up over 15%

At midday close, HSI dropped 40 pts or 0.2% to 19,721. HSTI rose 34 pts or 0.9% to 3,845. HSCEI…

HK Open: HSI Grows 80 pts; Li Auto Leapfrogs 11% Post Result; Techs on Rise

Hong Kong stocks fared well at the start of the session, propelled by the ebullient technology shares. The HSI gained…

TENCENT, China Securities Investor Services Center Seal Strategic Cooperation Deal

China Securities Investor Services Center and TENCENT (00700.HK) (TCEHY.US) sealed a strategic cooperation agreement during the Fifth "5.15 National Investor…

HKD606.1M Southbound Trading Net Inflow to TENCENT

There was HKD606.1 million, HKD321.2 million and HKD217.2 million Southbound Trading net inflow to TENCENT (00700.HK), MEITUAN-W (03690.HK) and CNOOC…

Tencent, TSMC shares shunned by $3.2bn fund on valuations

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Musk Says Encrypted Messaging And Video Calling Are Coming To Twitter

Musk has previously indicated he plans to turn Twitter into a so-called “everything app,” similar to the likes of WeChat…

Lilium-CEO: „Mit dem neuen Geld wächst der Optimismus, dass wir es schaffen“

Das bayrische Unicorn Lilium hat eine neue Finanzspritze vom chinesischen Bestandsinvestor Tencent bekommen. Rückt jetzt die Zulassung näher?...…

Tencent Works With CN Govt Authority on Species Conservation with Advanced Tech

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Result Foresight: Brokers Assume Tencent 1Q Non-IFRS NP to Swell Over 26%; Focus on Biz Recovery & Investment Return Arrangement (Update)

TENCENT (00700.HK) will report its financial results for the first quarter of 2023 next Wednesday (17th). According to 12 brokers'…

Research Report: Ratings, TPs on TENCENT (00700.HK) (Table)(Update)

Brokers│Ratings│TPs (HKD)Citigroup│Buy│520Nomura│Buy│510CLSA│Buy│500BofA Securities│Buy│496Haitong International│Outperform│487TF Securities│Buy│476CICC│Outperform│475CITIC Securities│Buy│467Credit Suisse│Outperform&......…

*G Sachs Trims TENCENT (00700.HK) TP to $442, Rating Buy

~AAStocks Financial NewsWeb Site: www.aastocks.com...…

TENCENTs WeCom Reportedly Starts Charging Corporate Users upon Size of Private Fans

WeCom under TENCENT (00700.HK) starts charging users according to the size of private fans, Chinese news broke. The payment date…

Result Foresight: Brokers Assume Tencent 1Q Non-IFRS NP to Swell Over 26%; Focus on Biz Recovery & Investment Return Arrangement

TENCENT (00700.HK) will report its financial results for the first quarter of 2023 next Wednesday (17th). According to 12 brokers'…

Full-day Takeaway: HSI Down 429 pts; HSTI Down 115 pts; PING AN Down over 3%; AIA Down over 3%; TENCENT Down over 3%; CHINA SHENHUA, CSC, CGS, GTJA, UNITED LAB Hit New Highs; Market Turnover Rises

At close, HSI dropped 429 pts or 2.1% to 19,867. HSTI dropped 115 pts or 3.0% to 3,798. HSCEI fell…

Result Foresight: M Stanley Forecast of TENCENT (00700.HK) 1Q Result (Table)

Result Items │First quarter forecast │Year-on-year changeTotal revenue│RMB148.316 billion│+9.5%-Value-added service revenue│RMB75.685 billion│+4.1%->PC game revenue│RMB12.705 billion│+5%->Mobile game revenue│RMB43.083 billion│+6.9%->Social network revenue…

Research Report: Ratings, TPs on TENCENT (00700.HK) (Table)

Brokers│Ratings│TPs (HKD)Citigroup│Buy│520Nomura│Buy│510CLSA│Buy│500BofA Securities│Buy│496Haitong International│Outperform│487TF Securities│Buy│476CICC│Outperform│475CITIC Securities│Buy│467Credit Suisse│Outperform&......…

Midday Takeaway: HSI Closes Midday at 20,188, Down 108 pts; HSTI Closes Midday at 3,868, Down 45 pts; SMIC Down over 6%; CHINA SHENHUA, CHINA UNICOM, CITIC, CNOOC, PETROCHINA Hit New Highs

At midday close, HSI dropped 108 pts or 0.5% to 20,188. HSTI dropped 45 pts or 1.2% to 3,868. HSCEI…

Tencent, Alibaba and Meituan weigh on Hong Kong stocks as investors await key China trade data

Hong Kong stocks eased as investors await China’s trade data that will provide further clues on the strength of the…

VIRTUAL MIND Nails Cooperation Agreement with TENCENT Subsidiary

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China begins on-site inspection of Tencent-backed, US-listed video game streaming platform Douyu

The local arm of the Cyberspace Administration of China (CAC) in Hubei province is sending a working group to Douyu…

Tencent-backed tech firm Sea declares 5 per cent pay rise for most employees, signalling a strong rebound in e-commerce, video gaming

The across-the-board pay rise sends a strong signal that the e-commerce and video gaming tech conglomerate has turned the corner…

HK Open: HSI Climbs 78 pts; HSBC, AIA Ebullient; Xpeng Surges Over 3%

At open, the HSI climbed 78 pts or 0.39% to 20,128; the HSCEI ballooned 13 pts or 0.2% to 6,811;…

CN MIIT Finds 56 APPs Infringing User Rights, Involving Baidu, Xiaomi, WeChat, Huawei

China's Ministry of Industry and Information Technology (MIIT) recently organized a third-party inspection of mobile phone online applications (APPs) and…

SPARK 2023 Tencent Games Conference to Be Held on 15 May

TENCENT (00700.HK)(TCEHY.US)'s Tencent Games announced that the "SPARK 2023 Tencent Games Conference" will be held at 20:00 on 15 May…

HKD238.6M Southbound Trading Net Inflow to MEITUAN-W

There was HKD238.6 million, HKD186.7 million and HKD90.2 million Southbound Trading net inflow to MEITUAN-W (03690.HK), CHINA MOBILE (00941.HK) and…

AIGC wave prompts major Chinese internet companies to speed chip development

With the rise of AI-generated content (AIGC) in 2023, major players in the tech sector are joining the ranks of…

Full-day Takeaway: HSI Closes at 20,049, Up 100 pts; HSTI Closes at 3,895, Up 39 pts; AIA Down over 3%; ABC, BANK OF CHINA, CITIC, CHINA LIFE, PICC P&C Hit New Highs

At close, HSI rose 100 pts or 0.5% to 20,049. HSTI rose 39 pts or 1.0% to 3,895. HSCEI gained…

Sensor Tower: 40 CN Mobile Game Publishers Amass Nearly USD2B of Rev. in Apr

Sensor Tower's data showed that, in April 2023, 40 out of the world's top 100 mobile game publishers were Chinese…

WeChat Pay Daily Avg. Spending on Retail Sector Spikes Over 2x during 1 May Holiday vs Same Period in 2019

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China Unicom, Tencent Found JV to Provide CDN, Edge Computing Services

CHINA UNICOM (00762.HK) expressed that it has taken the initiative to deepen its collaboration with TENCENT (00700.HK)(TCEHY.US) recently, and a…

Alipay and WeChat Pay data shows China consumer spending over May holidays exceeded pre-Covid levels

The Alipay and WeChat Pay digital wallets account for more than 90 per cent of the mobile payments market in…

Tencent-backed fintech start-up Airwallex’s first-quarter revenue gets a boost from revival in travel

Fintech unicorn Airwallex reported a strong growth in cross-border payments in the first quarter amid a revival in travel. Revenue…

Luftfahrt : Drohende Finanzierungslücke: Flugtaxi-Entwickler Lilium sammelt frisches Geld ein

Die deutsche Firma will im kommenden Jahr den ersten bemannten Flug starten. Investor Tencent stellt nun 100 Millionen Dollar bereit…

Research Report: M Stanley: Investors Stay Cautious on CN Internet Stocks, Focus Mostly on BABA-SW (09988.HK)

Morgan Stanley commented that, while investors are still interested in the Chinese technology sector, they are generally cautious amid the…

Diese Tencent-Investorin outet sich als Fan von N26 und Hellofresh – warum sie deutsche Startups besonders interessant findet

Tencent betreibt Wechat, engagiert sich aber auch als Startup-Investor. Wie Tencent-Investorin Ling Ge auf die aktuelle Krise blickt....…

Midday Takeaway: HSI Down 348 pts; HSTI Down 92 pts; SANDS CHINA LTD Down over 5%; TIAN LUN GAS Hit New Highs

At midday close, HSI dropped 348 pts or 1.7% to 19,585. HSTI dropped 92 pts or 2.4% to 3,805. HSCEI…

Research Report: Daiwa Reiterates Positive View on CN Internet, Prefers Tencent: Meituan: PDD: Baidu

Daiwa reported after recently meeting with investors in Singapore and Kuala Lumpur that, while they are intrigued by the Chinese…

*Daiwa Reiterates Positive View on CN Internet, Prefers Tencent: Meituan: PDD: Baidu

~AAStocks Financial NewsWeb Site: www.aastocks.com...…

Chinesische Technologie-Aktien wie Alibaba, Baidu, JD, PDD und Tencent setzen Talfahrt fort – die Hintergründe

HONGKONG/USA (IT-Times) - Die unter anderem in den USA und Hongkong notierten Aktien chinesischer Technologiekonzerne wie Alibaba, Baidu und Tencent…

Lilium: Flugtaxi-Pionier vor Kapitalerhöhung um 250 Millionen US-Dollar

Lilium-Chef Klaus Roewe ist angetreten, um bei Investoren frisches Geld einzusammeln. Das ist ihm nun offenbar gelungen: Mindestens 100 Millionen…

Chinesen glauben an die Flugtaxi-Zukunft aus Deutschland

Bislang hat der deutsche Entwickler Lilium noch keinen Cent verdient – und braucht für den nächsten Schritt dringend neues Kapital.…

Luftfahrt: Drohende Finanzierungslücke: Flugtaxi-Entwickler Lilium sammelt frisches Geld ein

Die deutsche Firma will noch in diesem Jahr den ersten bemannten Flug starten. Investor Tencent stellt nun 100 Millionen Dollar…

JWEL Establishes New Subsidiary to Market Agricultural and Fishing Products in Live Streaming Video on Tencent Short Video and Other Platforms

Expanding Companys business from Web-Based E-Commerce to High Growth Social Media Influencer E-Commerce SHANGHAI, May 2, 2023 /PRNewswire/ -- Jowell…

Midday Takeaway: HSI Closes Midday at 19,912, Up 17 pts; HSTI Closes Midday at 3,916, Up 15 pts; ENN ENERGY Up over 4%; JIANGSU EXPRESS, BEIJING ENT, TIAN LUN GAS, CQRC BANK, SANY INTL Hit New Highs

At midday close, HSI rose 17 pts or 0.1% to 19,912. HSTI rose 15 pts or 0.4% to 3,916. HSCEI…

Midday Takeaway: HSI Closes Midday at 19,773, Up 16 pts; HSTI Closes Midday at 3,839, Down 32 pts; PING AN Up over 6%; CHINARES PHARMA, SH PHARMA, DATANG RENEW, SINOPHARM, PICC GROUP Hit New Highs

At midday close, HSI rose 16 pts or 0.1% to 19,773. HSTI dropped 32 pts or 0.8% to 3,839. HSCEI…

Research Report: HSBC Global Research Foresees TENCENT 1Q Rev. to Add 7% YoY, Non-IFRS NP to Gain 26%

HSBC Global Research believed that, powered by the recovery of game, advertising, fintech and business services segments, TENCENT (00700.HK) could…

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