00700 TENCENT
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TENCENT News
10 Predictions on How Artificial Intelligence Will Reshape the World: UBS
VisionOS of Tencent Video has launched, providing access to 600+ works including "The Three-Body Problem".
On the afternoon of June 14th, Sina Technology reported that Tencent Video's visionOS end was officially launched today, and users can download it by logging into the App Store of Apple Vision Pro. As the first long video platform in China to launch the visionOS end function, Tencent Video will provide users of the visionOS end with over 600 works, including "Joy of Life Season 2", "The Three-Body Problem", and "Douluo Continent". In addition to the rich video resources, the platform will also bring a new audiovisual experience, launching multiple immersive videos such as "IP Space Experience", "King's Sand Table", and "Living Room Giant Screen Cinema".
Tencent (00700) spent about HKD 1.002 billion to repurchase 2.63 million shares on June 14th.
Tencent Holdings (00700) announced that it will spend approximately HKD 1.002 billion to repurchase shares on June 14, 2024...
Express News | Tencent Bought Back 2.6 Mln Shares for HK$1 Bln on June 14 - HKEX Filing
Daiwa Securities rating: Tencent and Ctrip are preferred for Chinese internet stocks, bullish on Netease, PDD Holdings, Meituan and KE Holdings.
Daiwa has released a research report stating that they have recently met with many investors in the United States who are focusing on investing in the Asian market. After consolidation, the bank found that American investors generally have a bullish outlook on Tencent, with most giving a "buy" or "shareholding" rating, and they expected more catalysts to push its stock price further ahead of the market, such as improvement in gaming business performance, strong growth in advertising business and ongoing shareholder returns. Investors are also bullish on PDD Holdings, with a unanimous buy rating, and also tend to choose Ctrip, Ke Holdings, and Meituan. Daiwa pointed out that Ctrip's international business development seems to have not been recognized by investors, while
IDC: China's financial cloud market is expected to reach 4.72 billion US dollars in the second half of 2023, with a year-on-year growth rate of 2.1%.
According to the latest "China Financial Cloud Market (2023 H2) Tracking" report released by IDC, the scale of China's financial cloud market reached $4.72 billion in the second half of 2023, a year-on-year increase of 2.1% (calculated in RMB, it was 34.06 billion yuan, a year-on-year increase of 5.6%).
Zhicheng ADR statistics | June 14th
The HSI ADR fell, and was closed at 17976.70 points, a 0.75% decrease from Hong Kong's closing price, which dropped 135.93 points proportionally.
Hong Kong stock announcement: Chow Tai Fook released its annual performance, with a net profit attributable to shareholders of HKD 6.499 billion, a year-on-year increase of 20.7%. The final dividend is HKD 0.3 per share.
Jiumaojiu (09922) plans to spend HKD 200 million to repurchase its own shares in the open market.....
Bilibili Jumps After Launch of Mobile Game Three Kingdoms
Active trading on the Zhitong Hong Kong Stock Connect on June 13th.
According to Zhitong Finance APP, on June 13, 2024, Tencent (00700), CNOOC (00883), and China Mobile (00941) ranked top three in the transaction amount of Southbound Shanghai-Hong Kong Stock Connect, with transaction amounts of 1.175 billion yuan, 1.136 billion yuan, and 0.69 billion yuan respectively; Tencent (00700), China Mobile (00941), and Meituan-W (03690) ranked top three in the transaction amount of Southbound Shenzhen-Hong Kong Stock Connect, with transaction amounts of 1.025 billion yuan, 0.836 billion yuan, and 0.787 billion yuan respectively. The top ten of the Southbound Shanghai-Hong Kong Stock Connect
Tencent spent HKD 1.003 billion on June 13th to repurchase 2.66 million shares.
Tencent Holdings (00700) announced that on June 13, 2024, the company spent HKD 1.003 billion to repurchase 2.66 million shares at a repurchase price of HKD 373.6-380 per share.
Tencent Holdings (00700.HK) repurchased 2.66 million shares for HKD 1.003 billion on June 13.
On June 13th, Gelunhui reported that Tencent spent 1.003 billion HKD to repurchase 2.66 million shares on June 13th, 2024, with a repurchase price of 373.6-380 HKD per share.
Express News | Tencent Bought Back 2.7 Mln Shares for HK$1 Bln on June 13 - HKEX Filing
Market Chatter: Tencent-Backed TymeBank Seeks $150 Million Ahead of Potential IPO
South African digital lender TymeBank, backed by Tencent (HKG:0700), is raising $150 million in a series D capital fundraising amid preparations to list in New York, Bloomberg News reported Wednesday,
Goldman Sachs: Tencent (00700) and Netease (09999) are still the preferred choices in the gaming field. The launch of new games is a catalyst.
Netease's games "Endless Journey MOBILE" and "Yanyun Shiliu Sheng" will also be released in July or August this year.
Game stocks collectively rise, with xd inc (02400) up 5.16%. Institutions predict that the industry will continue to maintain its prosperity.
Jingu News | Gaming stocks collectively rise, with Digit Hollywood (02022) up 6.67%, XD Inc (02400) up 5.16%, Feiyu (01022) up 4.08%, Homeland ITL (03798) up 3.91%, NetDragon (00777) up 3.17%, Kingsoft (03888) up 1.57%, and Tencent (00700) up 1.19%. Central China Securities stated that on June 5th, the State Administration of Press, Publication, Radio, Film, and Television issued the third batch of import game licenses since 2024. To date, five batches of domestic game licenses have been issued for 2024, with a total of 52.
Express News | Tencent-Backed Quantumpharm Inc Set to Open up 2% in Hong Kong Debut
Zhitoon ADR statistics | June 13th
HSI ADR rose and closed at 18,022.18 points, up 84.34 points or 0.47% from the Hong Kong market.
Sumo Group's Workforce Reduction: 250 Employees Impacted
Tencent Holdings Ltd's (OTC:TCEHY) Sumo Group, the parent company of Secret Mode and other game developers, has announced layoffs affecting 15% of its workforce, citing challenges facing the games ind
HKEx Announcement-Jinjin | Zhihu released Q1 financial results, with a total revenue of 961 million yuan and gross margin continuously increasing year-on-year for six consecutive quarters.
A8 New Media received a premium of approximately 162.77% from Lux Origo for privatization. Trading will resume on June 13th.
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