Tencent Holdings Limited (TCEHY)
Chart Events
Performance Outlook
| Previous Close | 45.39 |
| Open | 45.29 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 44.53 - 45.66 |
| 52 Week Range | 37.92 - 74.70 |
| Volume | |
| Avg. Volume | 3,745,109 |
| Market Cap | 437.504B |
| Beta (5Y Monthly) | 0.51 |
| PE Ratio (TTM) | 14.83 |
| EPS (TTM) | 3.05 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.20 (0.45%) |
| Ex-Dividend Date | May 19, 2022 |
| 1y Target Est | 54.06 |
- South China Morning Post
Chinese short-video market in brutal shakeout as Tencent, Bilibili close smaller apps amid tougher conditions
Vue Vlog, a short video app owned by Tencent Holdings, said it will cease operations in September, bowing out of a competitive market in China dominated by bigger players such as Tencent's in-house short video service, ByteDance's Douyin and Kuaishou Technology. The decision came just a day after Bilibili, the gaming and video-streaming platform, decided to close its short video app Light Video, citing the need for a business restructuring. The closures came at a time when China's Big Tech firms
- South China Morning Post
Two senior Tencent executives step down from vice-president roles to focus on jobs at literature and banking units: report
Two senior executives at Tencent Holdings are stepping down from their vice-president roles at the internet giant to focus on jobs in affiliate companies, according to a report by Chinese financial media outlet Caixin. The Caixin report said Cheng Wu, who was responsible for marketing, and Jim Lai Chi-ming, who was responsible for fintech development, will no longer hold the positions of vice-president at Tencent, citing an internal memo. A person familiar with the situation confirmed the conten
- 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
