Tencent Holdings receives Investment Bank Analyst Rating Update
Hong Kong’s Hang Seng index opened in the red on Thursday, losing 0.39% in morning trade, following a sluggish session on Wall Street on Wednesday. The U.S. Federal Reserve...
By Josh Ye HONG KONG (Reuters) -Tencent said it had shut some unprofitable businesses and promised a return to growth even if the economy stayed weak, after government clampdowns...
Chinese Tech Giants Tumble On Report Tencent To Sell $24BN Meituan Stake To Appease BeijingChinese tech giants backed by Tencent Holdings tumbled after Reuters reported that the...
WeChat, they snoop, no one wins
Shares of Chinese e-commerce giant Alibaba are down almost 8% in 2022Pace of China’s economic recovery key driver for future share price performanceLong-term investors...
Tencent Holdings Limited, an investment holding company, provides value-added services (VAS) and Online advertising services in Mainland China and internationally. The company operates through VAS, Online Advertising, FinTech and Business Services, and Others segments. It offers online games and social network services; FinTech and cloud services, and online advertising services. The company is also involved in the production, investment, and distribution of films and television programs for third parties, as well as copyrights licensing, merchandise sales, and other activities. n addition, it develops software; develops and operates online games; and provides information technology, information system integration, asset management, online literature, and online music entertainment services. Tencent Holdings Limited company was founded in 1998 and is headquartered in Shenzhen, the People’s Republic of China.