Tencent Holdings Limited (0700.HK)
Chart Events
Performance Outlook
| Previous Close | 365.000 |
| Open | 360.000 |
| Bid | 354.400 x 0 |
| Ask | 354.600 x 0 |
| Day's Range | 354.000 - 363.600 |
| 52 Week Range | 297.000 - 598.500 |
| Volume | |
| Avg. Volume | 24,897,974 |
| Market Cap | 3.41T |
| Beta (5Y Monthly) | 0.46 |
| PE Ratio (TTM) | 14.63 |
| EPS (TTM) | 24.230 |
| Earnings Date | Aug 17, 2022 |
| Forward Dividend & Yield | 1.60 (0.44%) |
| Ex-Dividend Date | May 20, 2022 |
| 1y Target Est | 468.25 |
Fair Value
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Related Research
- Benzinga
Tencent, Other Chinese Companies Follow Western Counterparts In Laying off Staff As Economic Slowdown Weighs
Chinese tech giants like Tencent Holding Ltd (OTC: TCEHY) and TikTok parent ByteDance Ltd implemented fresh layoffs affecting thousands of employees in their latest round of cost-cutting, the Wall Street Journal reports. The job cuts added on to the tens of thousands of employees already axed by Chinese internet companies since late 2021 after the domestic regulatory crackdown crushed the sector. Latest layoffs have extended to the companies' core businesses following China's stringent Covid loc
- The Wall Street Journal
Tencent, ByteDance Implement Fresh Layoffs Amid China’s Economic Pains
The latest round of job cuts at Chinese tech giants comes even as Beijing signals an easing of its regulatory campaign against the tech sector.
- Reuters
Chinese tech giants vow to stop NFT secondary trading -state media
Chinese tech giants including Tencent Holdings and Ant Group have signed a pact to stop the secondary trading of digital collectibles and "self-regulate" their activities in the market, Chinese state media reported on Thursday. The companies were among 30 firms and institutes that have agreed to the "Digital Collectible Industry Self-Discipline Development Initiative" in which they will help prevent secondary trading and speculation in digital collectibles, according to a report by the Shanghai Securities News. Digital collectibles in the form of non-fungible tokens (NFT) have become widely popular across the globe in recent years, in large part thanks to an active if not highly speculative secondary market.
