About TENCENT Company
Tencent uses technology to enrich the lives of internet users. The company's social networking and messaging platforms WeChat and QQ connect users to a diverse range of digital content, including games, videos, music, and literature. Tencent's self-developed target user targeting technology helps advertisers reach hundreds of millions of Chinese consumers. In terms of infrastructure services, Tencent provides different products in the fields of mobile payments, network security, cloud services, and artificial intelligence to promote business growth for partners. Tencent invests heavily in talents and promotes technological innovation in order to develop together with the Internet industry. Tencent was founded in 1998 in Shenzhen, China. Tencent Holdings (00700.HK) is listed on the main board of the Hong Kong Stock Exchange.
North-South Water | Nanshui Net bought Kweichow Moutai for 605 million yuan, and Beishui reduced stocks of Pharmaceutical Biology and Tencent
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Goldman Sachs: Giving Tencent (00700) a “buy” rating with a target price of HK$435
Goldman Sachs currently predicts that the first month of launch of “Yuan Dream Star” will bring in revenue of 800 million to 1 billion yuan, and the first year's revenue will reach 5 billion to 6 billion yuan (about 4% of domestic game revenue).
Market Chatter: Tencent Denies MoreFun Studios' Blizzard Game Licensing
Tencent Holdings (HKG:0700) has denied a media report that its subsidiary MoreFun Studios will license Blizzard Entertainment's games, Yicai Global reported Friday, citing a source close to Tencent.
$TENCENT(00700.HK)$$Tencent(TCEHY.US)$$China Concept Stocks(BK2517.US)$$Hang Seng TECH Index(800700.HK)$$Tencent Music(TME.US)$$TME-SW(01698.HK)$
Since the ordinary resolution was approved, TENCENT has repurchased a total of nearly 103 million shares year-to-date, accounting for 1.07398% of the issued shares.
$TENCENT(00700.HK)$$Tencent(TCEHY.US)$$China Concept Stocks(BK2517.US)$$Hang Seng TECH Index(800700.HK)$
As for technology stocks, $TENCENT(00700.HK)$ added 1.3%. $BABA-SW(09988.HK)$ gained 0.7%. $MEITUAN-W(03690.HK)$ lifted 0.9% after it was reported that the company shook up its management and adjusted a number of core business leaders. $BILIBILI-W(09626.HK)$ le...