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Tencent Holdings
Tong's Portfolio
Tong’s Absolute Returns Portfolio outperformed with 14.9% gain in six months despite lower risks (beta)
The recent rally has made Tencent Holdings the best-performing stock in the portfolio, up 64.9% since our acquisition.
October 03, 2024
China Focus
Tencent-backed ‘Wukong’ video game sells 10 mil copies in three days
Wukong turned profitable on its first day and earned more than US$450 million in gross revenue over its first three days.
August 25, 2024
China Focus
Tencent rides hit game for China’s biggest gain in market value
Tencent's shares have rallied 28% so far this year with help from the strong debut of Dungeon & Fighter Mobile.
June 28, 2024
Startups, Entrepreneurs, Digital economy
Local unicorn Patsnap says it is 'self-sustainable' without having to touch the US$300 mil raised
One of Singapore's lesser-known unicorns, Patsnap, is vital in a country's bid for economic and geopolitical prowess through R&D.
March 28, 2024
Tech
Alibaba, Tencent join big backers for Chinese AI startup Zhipu
Zhipu and Baichuan are among the better-known startups developing generative AI.
October 20, 2023
Digital Economy
Tencent's sales grow most in over a year after China reopens
Investors have flip-flopped on Chinese tech stocks this year
May 17, 2023
China Focus
Shares in Tencent nearly double from October low as China prepares to end crackdown
In a major tailwind for the industry, some policymakers have called for a halt to China’s harshest regulatory curbs.
January 17, 2023
China Focus
China's government to take golden shares in Alibaba, Tencent
The discussions are emerging as Beijing prepares to loosen its grip on the sector.
January 13, 2023
Tech
Tencent rant, Sea pay freeze hint at deepening gaming crisis
Sea’s stock dropped more than 4% Thursday. Tencent fell as much as 2% in Hong Kong on Friday, in line with the market.
December 27, 2022
China Focus
Tencent denies report it will sell down Didi, Meituan stakes
The company has no need to raise funds nor a timeline for such divestments, a spokesperson said.
September 20, 2022