Tencent Holdings

US-China trade war

Tencent shares decline after US adds company to Chinese military blacklist

CATL joined Tencent on a Federal Register of entities deemed to have ties with the PLA. Both companies protested their inclusion as a mistake, saying they have no ties with the military.

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.

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.

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.

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.

Tech

Alibaba, Tencent join big backers for Chinese AI startup Zhipu

Zhipu and Baichuan are among the better-known startups developing generative AI.

Digital Economy

Tencent's sales grow most in over a year after China reopens

Investors have flip-flopped on Chinese tech stocks this year

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.

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.

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.
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