0700.HK - Tencent Holdings Limited

HKSE - HKSE Delayed Price. Currency in HKD
338.200
-1.600 (-0.47%)
As of 2:19PM HKT. Market open.
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Previous Close339.800
Open341.800
Bid338.000 x 0
Ask338.200 x 0
Day's Range337.400 - 343.800
52 Week Range251.400 - 475.600
Volume5,854,280
Avg. Volume18,245,099
Market Cap3.198T
Beta (3Y Monthly)1.44
PE Ratio (TTM)37.13
EPS (TTM)9.109
Earnings DateMar 21, 2019
Forward Dividend & Yield0.88 (0.26%)
Ex-Dividend Date2018-05-18
1y Target Est388.16
  • China’s Tech Giants Seek More Changes From Hong Kong Despite IPO Changes
    Bloomberg5 hours ago

    China’s Tech Giants Seek More Changes From Hong Kong Despite IPO Changes

    Feb.18 -- China’s tech giants are pushing for more changes from Hong Kong when it comes to IPOs. This comes barely a year since the Hong Kong market amended its rules to attract more listings. Bloomberg’s Lulu Chen reports on “Bloomberg Daybreak: Asia.”

  • China Plan to Integrate Hong Kong, Macau Skirts Tough Questions
    Bloomberg13 minutes ago

    China Plan to Integrate Hong Kong, Macau Skirts Tough Questions

    China’s long-awaited plan to create a high-tech megalopolis on its southern coastline rivaling California’s Silicon Valley generated optimism among Hong Kong’s business community even as key details remain unclear. The blueprint for the Greater Bay Area linking China’s southern coastal cities with Hong Kong and Macau, a signature policy of President Xi Jinping first articulated in 2017, boosted stocks after it was published late Monday. It said the government would turn the area into a leading global innovation hub, boost infrastructure connectivity and strengthen Hong Kong’s role as an international center of finance, shipping, trade and the offshore yuan business.

  • Benzinga3 days ago

    EA's 'Apex Legends' Could Expand To China With Tencent

    Tencent Holdings (OTC: TCEHY) is in talks to bring Electronic Arts Inc. (NASDAQ: EA)’s new U.S. hit "Apex Legends" to China, the South China Morning Post reported Friday. The move would give Tencent a video game distribution trifecta in China: the company already distributes "Fortnite" and PUBG Corp.’s "PlayerUnknown’s Battlegrounds." All three are “battle royale” games, which are the type of multiplayer online environments that are seen by observers as central to the future of the industry. The phenomenal early success of "Apex Legends" — it drew 25 million players its first week — has bolstered EA’s stock in recent days, bucking difficulties for the industry, which has seen stock volatility amid lackluster earnings reports.

  • Alibaba takes an 8% stake in Tencent-backed anime streaming site Bilibili
    TechCrunch4 days ago

    Alibaba takes an 8% stake in Tencent-backed anime streaming site Bilibili

    E-commerce giant Alibaba is continuing its push into the world of youthculture after it scooped up an 8 percent stake in anime streaming and gamepublishing company Bilibili

  • CNBC4 days ago

    WeChat's most censored topics in 2018 include US-China trade war, Huawei CFO arrest: Report

    A new report from a team of researchers at The University of Hong Kong's Journalism and Media Studies Centre, examined the most sensitive topics subject to censorship on Tencent's WeChat platform in 2018.

  • What Are Analysts Saying About Tencent Holdings Limited’s (HKG:700) Future?
    Simply Wall St.4 days ago

    What Are Analysts Saying About Tencent Holdings Limited’s (HKG:700) Future?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Looking at Tencent Holdings Limited's (HKG:700) earningsRead More...

  • Reuters5 days ago

    Big Tech's banking foray on regulators' radar

    The march of so-called Big Tech into financial services could pose a bigger threat to banks than upstart fintech specialists, warranting scrutiny for threats to financial stability, a global regulatory body said on Thursday. While the report by the Financial Stability Board (FSB) stops short of recommending specific regulatory reform, it adds to widening scrutiny of Big Tech players, such as Alibaba, Google and Amazon, already under the gun from politicians over their market clout and use of consumers' data. "The competitive impact of Big Tech may be greater than that of fintech firms," the report said.

  • It isn't just apps. China's cinemas broke records during Lunar New Year
    TechCrunch6 days ago

    It isn't just apps. China's cinemas broke records during Lunar New Year

    China celebrated Lunar New Year last week as hundreds of millions of peopletravelled to their hometowns

  • TheStreet.com6 days ago

    Tencent Invests $150 Million in Reddit at a $3 Billion Valuation

    has invested for the first time in social news and discussion site Reddit, putting in $150 million in a round that values Reddit at $3 billion. In all, Reddit raised $300 million in its recent Series D funding round from Tencent, Sequoia, Fidelity and Andreessen Horowitz, with the latter three having invested previously. Reddit was valued at $1.7 billion in its previous funding round in 2017.

  • Tencent Music Stock Gets Boost From New Wall Street Coverage
    Investor's Business Daily6 days ago

    Tencent Music Stock Gets Boost From New Wall Street Coverage

    Tencent Music stock rose Tuesday as coverage was initiated on the recent Tencent Holdings spin-off with a rating of outperform. Tencent Music dominates China's music market.

  • No, Tencent isn't about to burn Reddit down
    TechCrunch7 days ago

    No, Tencent isn't about to burn Reddit down

    Ahoy, it's doom and gloom for Reddit after the company welcomed investmentfrom Chinese censorship overlord Tencent

  • Reddit raises $300M in finance round led by China's Tencent
    Associated Press7 days ago

    Reddit raises $300M in finance round led by China's Tencent

    SAN FRANCISCO (AP) — Social media service Reddit Inc. says it has raised $300 million in a financing round led by Chinese internet giant Tencent.

  • Bloomberg7 days ago

    Tencent Partner Nexon Signals More Weakness in China Games

    Revenue from the country fell 22 percent in the December quarter and it forecast a “low teens” to “high teens” percentage drop in the January to March period. Nexon generates roughly half of its sales from the world’s second-largest economy, where Tencent distributes its popular PC title Dungeon & Fighter.

  • Gaming firm Supercell's 2018 profit falls as hit titles age
    Reuters7 days ago

    Gaming firm Supercell's 2018 profit falls as hit titles age

    Finnish mobile game maker Supercell reported a 26 percent drop in 2018 core profit on Tuesday due to falling revenue for its ageing hit games Clash of Clans and Clash Royale. Supercell, founded in 2010 and valued in 2016 at around $10 billion, grew for years on the back of the success of its few hit games. Its biggest hit, Clash of Clans - the world's fourth-largest game in 2018 - was launched in 2012.

  • Tencent Is the Kind of Bogeyman Redditors Thrive On
    Bloomberg7 days ago

    Tencent Is the Kind of Bogeyman Redditors Thrive On

    Reddit Inc.’s decision to allow Tencent Holdings Ltd. onto its shareholder list has the U.S. bulletin-board social-media site aflame with criticism, backlash and Winnie the Pooh memes. If you’ve never visited Reddit before, click here for a video and discussion of Tank Man who famously stood up against China’s military during the Tiananmen Square crackdown, or slide over here for a meme about Christopher Robin’s beary friend and the president of China. Arguing that a single-digit percentage stake in Reddit will allow Tencent to rein in vociferous Redditors is a disservice to the U.S. site’s community.

  • The Wall Street Journal7 days ago

    Latest Funding Values Reddit at $3 Billion

    Reddit Inc., the discussion forum known for its “ask me anything” online town halls with celebrities and politicians, was valued at $3 billion after a new financing round that brought in Chinese internet giant Tencent Holdings Ltd. as an investor, according to a person familiar with the deal. The investment by Tencent comes at a time when Chinese tech companies’ deepening involvement in U.S. startups is drawing ever more scrutiny, including plans from President Trump to be announced later this week that would limit some Chinese companies from investing in U.S. tech firms. Reddit, home to anonymous superfan communities dedicated to videogames, politics, TV shows and wildly diverse hobbies, has gained a reputation as a rowdy platform where the quirky and unpopular are welcome.

  • China’s Tencent Invests in Reddit, Sparking Free Speech Protests
    Bloomberg7 days ago

    China’s Tencent Invests in Reddit, Sparking Free Speech Protests

    It was one backer, in particular, that drew condemnation from members of Reddit’s online community. Chinese internet giant Tencent Holdings Ltd. was among the investors in the round, which values the link-sharing website at $3 billion. Reddit users swarmed several of the submissions, pushing them to the list of most popular posts.

  • Reddit valued at $3 billion after raising $300 million in latest funding round
    Reuters7 days ago

    Reddit valued at $3 billion after raising $300 million in latest funding round

    The series D funding round saw a $150 million investment from Tencent and the company's former investors, including Sequoia, Fidelity, Tacit and Snoop Dogg. The investment from a China-based company, news of which started making the rounds around five days ago, quickly ignited censorship fears on Reddit, which calls itself the "front page of the internet." Reddit is banned in China under the country's censorship laws. Barring the latest funding, San Francisco, California-based Reddit has raised more than $250 million in three other funding rounds.

  • Reddit confirms $300M Series D led by China's Tencent at $3B value
    TechCrunch8 days ago

    Reddit confirms $300M Series D led by China's Tencent at $3B value

    Last week TechCrunch reported that Reddit was raising $150 million fromChinese tech giant Tencent and up to $150 million more in a Series D thatwould value the company at $2

  • CNBC8 days ago

    Reddit raised $300 million at a $3 billion valuation — now it's ready to take on Facebook and Google

    Reddit raises $300 million at a $3 billion valuation. Investors include Tencent, Sequoia, Fidelity and Andreessen Horowitz. CEO Steve Huffman says the company will use the investment to improve Reddit's website and work to take digital ad market share away from Facebook and Google.

  • GlobeNewswire8 days ago

    eSports Versus Traditional Sports, U.S. Versus China – Let the Games Begin

    Meanwhile, Activate projects that by 2021 eSports will have more US viewers than all other professional sports leagues, with the exception of the NFL. Seeing the future shift in sports and eSports, Robert Kraft of the New England Patriots, Jeff Wilpon of the New York Mets and the LA Rams’ Stan Kroenke invested heavily into their own franchises within Activision Blizzard’s Overwatch eSports league.