|Bid||325.000 x 0|
|Ask||325.200 x 0|
|Day's Range||316.800 - 328.600|
|52 Week Range||251.400 - 431.600|
|Beta (3Y Monthly)||1.47|
|PE Ratio (TTM)||34.26|
|Earnings Date||Aug 13, 2019 - Aug 19, 2019|
|Forward Dividend & Yield||0.88 (0.23%)|
|1y Target Est||388.16|
China Literature Ltd., of which Tencent holds a controlling stake, tumbled as much as 10% to a new low at the mid-day break in Hong Kong on Monday, after another of its online sites was targeted for alleged violations. Beijing Jinjiang Networking Technology Co. was put under investigation by local authorities on Thursday for allegedly disseminating obscene information, the China News Service reported last week. The Shanghai city government had ordered China Literature to clean up another website earlier that week, after it was found of spreading “vulgar and pornographic” information.
Wall Street Expects NIO to Outperform TSLA, TCEHY, BIDU, and BABANIO’s Q1 2019 earningsChinese electric car company NIO (NIO) is slated to release its first-quarter earnings on Tuesday. Wall Street analysts expect the company to report a wider
NIO: What to Expect from Its Q1 Earnings(Continued from Prior Part)NIO’s Chinese peers reported earningsLast week, Alibaba (BABA), Tencent Holdings (TCEHY), and Baidu (BIDU) reported their results for the quarter ending in March. Tencent Holdings
Facebook needs to work on its timing. and payments service before the scandal has been put to rest. Spending on Mastercard and Visa credit, debit, and prepaid cards in the US alone was $6tn last year, according to The Nilson Report, an industry newsletter.
Private equity investors, tired of the glacial pace and the vendor’s punchy 25 billion-euro ($28 billion) valuation, have backed out of the process, leaving Vivendi to target strategic buyers. Tencent Holdings Ltd. is a name that repeatedly surfaces as a prospective partner. It’s hard to determine the extent of the Chinese technology giant’s interest.
When Tencent announced it had formed a new education brand this week, theinternet giant wasn't just flexing its muscles to conquer China's boomingonline education sector
BEIJING/SHANGHAI (Reuters) - China's Tencent Holdings Ltd is working with its U.S. unit Riot Games to develop a mobile version of "League of Legends", the world's most popular desktop-based game, three sources with knowledge of the matter told Reuters. Relations between Tencent and Riot have long been strained over how to best to capitalize on the game, in which players hack and slash their way through battle arenas. Riot rejected a Tencent proposal years ago to develop a mobile version, one of the sources said.
Tencent Holdings Ltd., Alibaba Group Holding Ltd., and Taiwan Semiconductor Manufacturing Co., the three biggest stocks on the MSCI Emerging Markets Index, have lost a combined $170 billion in value this month. The slide by those stocks comes as the dispute between the world’s two biggest economies changes its focus from trade issues to tech companies. The MSCI Emerging Markets Index is down 8.4% this month, in line for the most since October.
SHANGHAI (Reuters) - Chinese travel site Mafengwo said it has raised $250 million in a funding round led by Tencent Holdings Ltd as it expands in the booming online travel market. In a statement on Wednesday, ...
The Beijing-based company also attracted General Atlantic and Qiming Venture Partners to its latest funding round, Mafengwo said in a statement. Nine-year-old Mafengwo -- which means “hornets’ nest” -- helps Chinese travelers seeking destination and sight-seeing recommendations from fellow globetrotters.
Investing.com - Hong Kong-listed Tencent Holdings Ltd (HK:0700) is leading a $250 million investment in Beijing-based online travel agency Mafengwo Network Technology.
Investor Updates: The Latest Buzz from Alibaba(Continued from Prior Part)Standardized QR code to simplify mobile paymentAlibaba (BABA) will work alongside Tencent (TCEHY) and several other entities in Japan to help standardize QR (quick response)
KUNMING, China, May 22, 2019 /PRNewswire/ -- Tencent today announces the launch of an AI-supported auxiliary diagnostic system for conducting digital colposcopy at the Global Digital Ecosystem Summit being held in Kunming, China. This latest technology can rapidly identify the cervical transformation zone and the location of a lesion, enabling doctors to more accurately and efficiently diagnose cervical cancer – the most common cause of malignant tumors in the female reproductive organs.
League of Legends might eventually take up residence on fans' iOS and Android homescreens. Developer Riot is said to be working with parent company Tencent on a mobile version of the ultra-popular MOBA. The pair have been working on the port for over a year, according to a Reuters report, though you may have to wait until at least 2020 to play it.
Xi made the remarks on Monday while leaving the Long March memorial garden in Jiangxi Province, according to a video clip released by state television. The site marks the starting point of a lengthy migration from 1934 by the Communist Party’s military after setbacks that forced it to join with troops in northwest China.
Nepal has banned popular Chinese digital payment apps WeChat Pay and AliPay saying payments from the unregistered systems were illegal and resulting in a loss of income to the Himalayan nation, a spokesman for the central bank said on Wednesday. Laxmi Prapanna Niroula, a spokesman for the Nepal Rastra Bank, said the two digital payment platforms were not registered with the regulator in Nepal but were widely used by Chinese tourists for settling their payments with businesses. "Any digital transaction made with unregistered foreign payment system like WeChat Pay and AliPay is illegal," Niroula told Reuters.
On Tuesday, Tencent's usually low-profile founder and CEO Pony Ma made rare comments to weigh in on escalating tensions between the United States and China, calling domestic tech companies to build more self-reliance in a bid to stay competitive. "China has come to the forefront of development. As the ZTE and Huawei cases have intensified recently, we are also constantly watching whether the trade war will turn into a tech war," said Ma at an event in China's Yunnan Province per a transcript Tencent provided to TechCrunch.