|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||49.86 - 50.75|
|52 Week Range||34.26 - 61.00|
|PE Ratio (TTM)||37.57|
|Forward Dividend & Yield||0.11 (0.22%)|
|1y Target Est||65.59|
Chinese internet giant Tencent will only take its social networking platforms, music and gaming services to an international audience if it believes there is a gap in the market it can fill, a senior executive told Reuters on Thursday. Speculation has grown that Tencent would expand internationally, following a string of investments and English language content partnerships abroad. Tencent Senior Executive Vice President Seng Yee Lau said the company had to ask itself if they could create a user base in different countries.
June 21 (Reuters) - Lippo China Resources Ltd: * UNIT HAS SUBSCRIBED FOR ELNS WHICH ARE LINKED TO TENCENT SHARES AT TOTAL CONSIDERATION OF HK$155.1 MILLION Source text for Eikon: Further company coverage:...
The two tech giants are investing in startups in Singapore, Indonesia and beyond--and going head-to-head outside China for the first time.
June 20 (Reuters) - CASH Financial Services Group Ltd : * UNIT DISPOSED 115,000 TENCENT SHARES ON OPEN MARKET AT AN AGGREGATE CONSIDERATION OF ABOUT HK$46.3 MILLION Source text for Eikon: Further company ...
When iQiyi, Inc (NASDAQ:IQ) pulled off its IPO in late March, Wall Street was not impressed. Note that IQ stock has gone on to log a sizzling return of 124%. A big part of the move has been the change in the narrative of IQ.
One of the newer and more exciting names on the list red-hot, freshly-public China internet stocks is HUYA Inc – ADR (NYSE:HUYA).Huya stock is one to watch in a group that’s already teeming with possibility. China internet stocks have been red-hot lately. Instead, the latest craze in China internet stocks has centered around a new breed of freshly public China companies that are smaller than the industry titans.
June 19 (Reuters) - CASH Financial Services Group Ltd : * UNIT ACQUIRED 190,000 TENCENT SHARES AT CONSIDERATION OF APPROXIMATELY HK$77.7 MILLION Source text for Eikon: Further company coverage:
On Monday (June 18), Google announced it would invest $550 million in JD.com, the Chinese e-commerce company that competes against Alibaba. The deal comes as the US tech giant revamps its China strategy. The company has had a marginal presence in the country since March 2010, when authorities shut down its search engine for mainland…