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TENCENT News
Changes in Hong Kong stocks | Hang Seng Technology Index rose more than 2.5% in early trading, surged more than 15% in the past 8 days, Tencent (00700) rose 2.88%
The Hang Seng Technology Index continued to rise in early trading, rising more than 15% in the past 8 trading days. In terms of constituent stocks, as of press release, Weo-SW (09866) rose 19.58% to HK$42.75; Shangtang-W (00020) rose 18.03% to HK$1.44; Meituan-W (03690) rose 6.76% to HK$116.8; and Tencent (00700) rose 2.88% to HK$357.2.
Zhitong ADR Statistics | May 2
The Hong Kong stock ADR index declined. On a proportional basis, it closed at 16,216 points, down 35.13 points or 0.22% from the Hong Kong closing.
Tencent Cloud and Metavision Forge Strategic Partnership to Build 3D Visual Interactive Experience
Zhitong ADR Statistics | April 30
The Hong Kong stock ADR index rose slightly. On a proportional basis, it closed at 16,300 points, up 48.90 points or 0.30% from the Hong Kong closing price.
Market Chatter: Toyota, Tencent Tie Up to Develop Electric Car Technology
Japanese automobile giant Toyota (TYO:7203) partnered with Tencent Holdings (HKG:0700) to improve the technology of its cars in China, China Daily reported April 26.
[Special Offer V] Ye Shangzhi: Hong Kong Stock A Shares Will Resonate Together
Jinwu Financial News | On April 26, driven by continued capital inflows, Hong Kong stocks rose for the fifth day and tested to the first target of the 250-day line (latest report of 17,717 points). The Hang Seng Index rose by nearly 370 points and closed at the level of 17,600 points, while market turnover further increased to close to 160 billion yuan, the largest daily turnover since this year, and the highest in nine months. It is worth noting that not only Hong Kong stocks, but A-shares are also showing signs of becoming the current target of foreign capital inflows. The Shanghai and Shenzhen Stock Connect recorded a net inflow of over 22 billion yuan on Friday, which hit a new high since its opening. It is estimated that Hong Kong stocks have become targets
[Special Offer V] Deng Shengxing: The market is looking forward to announcing the interest rate results on Wednesday, and Hong Kong stocks will rush to 10,000
Jinwu Financial News | The Hang Seng Index closed at 17,651 points on Friday (26th), up 366 points, or 2.12%. Full-day transactions amounted to $157.242 billion. The national index rose 2.44% to 6269; the index rose 4.61% to 3,718. Tencent (00700) rose 2.65% to 348.4 yuan; Meituan (03690) rose 3.68% to 115.6 yuan; Ali (09988) increased 3.15% to 75.3 yuan. The Dow closed at 38,239 points, up 153 points or 0.4% on Friday (26th); the index rose 1.02% to 5099 points; Na
Hong Kong Stock Concept Tracking | The number of game editions issued has been over 100 consecutive months, and new key products are gradually being launched, and the trend of valuation repair is obvious (with concept stocks)
On April 26, the State Press and Publication Administration released approval information for domestic online games in April 2024. A total of 95 games were approved.
China Issues 95 Game Licenses for April, Including for Tencent's Carbon Island and NetEase's Broken Land
The “beef flavor” of Hong Kong stocks is getting stronger! The Hang Seng Index surged this week to welcome its strongest weekly performance in 12 years
The Zhitong Finance App learned that Hong Kong stocks can be described as having experienced a week that shocked the world. The Hang Seng Index is expected to have the best trend performance since 2011. The Hang Seng Index, the benchmark index for the Hong Kong stock market, can be described as having risen sharply since this week. It is expected to achieve a weekly increase of close to 10% at the close of Friday, accompanied by a sharp increase in trading volume and strong momentum. It was mainly stimulated by optimism brought about by strong profits from US tech giants such as Microsoft and Google, as well as a series of favorable news in the Chinese market, including the approval of Tencent games, the extension of Chinese developers' bonds, and the relaxation of Shanghai by the China Securities Regulatory Commission
UBS: Raising Tencent Holdings (00700) Target Price to HK$438 Overlooked Overseas Gaming Recovery
The Zhitong Finance App learned that UBS released a research report saying that the target price of Tencent Holdings (00700) rose to HK$438, raising the earnings forecast per share from 2024 to 2026 by 3% to 4%. According to the report, the recovery in the overseas game business seems to have been overlooked by investors. Citing industry data, the Finnish mobile game company Supercell, which was acquired by Tencent in the early years, is expected to resume growth in the first quarter of this year, and revenue growth is expected to reach 82%. Since Supercell contributes about 10% of Tencent's game revenue, it is expected to directly benefit Tencent's growth. At the same time, its blockbuster “PlayerUnknown's Battlegrounds” has earned overseas revenue since the second half of last year
Zhitong ADR Statistics | April 26
The three major US stock indices fell across the board on Thursday, and the Hong Kong ADR index rose. On a proportional basis, it closed at 16,287 points, up 35.77 points, or 0.22% from the Hong Kong closing market.
Beishui Trends | Beishui Trading made a net purchase of 1.88 billion domestic bank stocks, and the Hong Kong Stock Exchange (00388) continues to be sought after by domestic investors
On April 25, in the Hong Kong stock market, Beishui made a net purchase of HK$1.88 billion, of which the Hong Kong Stock Connect (Shanghai) transaction made a net purchase of HK$1.705 billion and the Hong Kong Stock Connect (Shenzhen) transaction made a net purchase of HK$175 million.
Tencent Unveils Smart Mobility System for Automakers
Tencent To Go Ex-Dividend On May 17th, 2024 With 0.4339 USD Dividend Per Share
April 25th - $Tencent(TCEHY.US)$ is trading ex-dividend on May 17th, 2024. Shareholders of record on May 20th, 2024 will receive 0.4339 USD dividend per share on June 17th, 2024. The ex-dividend d
Zhitong ADR Statistics | April 25
The three major US stock indices had mixed ups and downs. The Hong Kong stock ADR index rose. On a proportional basis, it closed at 16,254 points, up 3.29 points or 0.02% from the Hong Kong closing market.
Huayi Tencent Entertainment Makes Various C-Level Changes
Huayi Tencent Entertainment (HKG:0419) has hired Zhao John Huan as its chairman and non-executive director effective today, Wednesday, a same-day filing on the Hong Kong bourse stated. Zhao currently
Heavy, it's all gone crazy!
A major shift in logic
Trends in Beishui | After a net purchase of 1,995 billion Hong Kong Stock Exchange (00388) results, Beishui Trading received 700 million yuan in foreign exchange control (00005) and continued to be sold off
On April 24, in the Hong Kong stock market, Beishui made a net purchase of HK$1,995 million, of which the Hong Kong Stock Connect (Shanghai) transaction made a net purchase of HK$1,597 million, and the Hong Kong Stock Connect (Shenzhen) transaction made a net purchase of HK$398 million.
Tencent Shares Blow Past Magnificent Seven on China Tech Outlook
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