TCEHY - Tencent Holdings Limited
| Previous Close | 41.83 |
| Open | 41.84 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 41.71 - 42.12 |
| 52 Week Range | 38.55 - 61.00 |
| Volume | 5,233,372 |
| Avg. Volume | 6,011,670 |
| Market Cap | 403.343B |
| Beta | 1.11 |
| PE Ratio (TTM) | 33.04 |
| EPS (TTM) | 1.27 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.11 (0.27%) |
| Ex-Dividend Date | 2018-05-17 |
| 1y Target Est | 54.99 |
- Bloomberg•51 minutes ago
How Tencent-Backed Meituan May Use IPO Proceeds
Bloomberg's Alex Barinka reports on the surge in Meituan Dianping shares after its initial public offering. She speaks with Bloomberg's Emily Chang on "Bloomberg Technology." (Source: Bloomberg)...
- Motley Fool•3 hours ago
4 Things JD.com Should Do to Win Back Investors
The Chinese e-commerce giant’s CEO needs to make some big changes.
- Reuters•8 hours ago
BRIEF-Sogou Says Tencent Holdings Agreed To Extend Collaboration Agreement Until Sept 2023
Sept 20 (Reuters) - Sogou Inc: * SOGOU - CO & TENCENT HOLDINGS AGREED TO EXTEND UNTIL SEPT 2023 PERIOD DURING WHICH SOGOU SEARCH WILL BE DEFAULT SEARCH ENGINE FOR TENCENT’S PRODUCTS * SOGOU -CO, TENCENT ...
- Market Realist•9 hours ago
iQiyi Creates New Product for Seniors
iQiyi (IQ) is launching a new standalone video app aimed specifically at China’s senior population. Known as Jinshi, the app comes in a simpler format and features short video clips tackling various topics that are likely to appeal to seniors. The topics range from healthy eating to family relationships.
- CNBC•10 hours ago
Chinese tech stocks were meant to challenge FANGs — but $168 billion has been wiped off their value
Baidu, Alibaba and Tencent — the BATs — have seen over a collective $168 billion wiped off their valuation. Alibaba shares are down over 11 percent year-to-date, Tencent has plunged 22.4 percent, while Baidu is off more than 6 percent. The China-U.S. trade war, concerns over valuation and a regulatory crackdown from Beijing have hit the BATs hard.
- Reuters•12 hours ago
BRIEF-Tencent Holdings Announces Share Repurchase On 20 Sept 2018
Sept 20 (Reuters) - Tencent Holdings Ltd: * 122,000 SHARES REPURCHASED ON 20 SEPTEMBER 2018 FOR HK$39.5 MILLION Source text for Eikon: Further company coverage:
- Reuters•13 hours ago
Tencent-backed Meituan climbs 5 percent on debut, brightens outlook for HK IPOs
Meituan Dianping rose 5 percent on debut in Hong Kong on Thursday, valuing the Chinese online food delivery-to-ticketing services firm at about $55 billion and sending a positive signal to companies lining up to list in the financial hub. The stock's performance is being seen as a test of investor appetite for Hong Kong listings against a backdrop of weak markets and multi-billion dollar initial public offerings (IPOs) that have struggled to rise above their issue price, such as smartphone maker Xiaomi and China Tower . The strong debut also reflects investor confidence that loss-making Meituan can fend off bruising competition from food-delivery platform Ele.me, which is backed by China's biggest e-commerce company Alibaba Group Holding (BABA.N).
- Reuters•13 hours ago
Tencent-backed Meituan climbs 5 percent on debut, brightens outlook for HK IPOs
Meituan Dianping rose 5 percent on debut in Hong Kong on Thursday, valuing the Chinese online food delivery-to-ticketing services firm at about $55 billion and sending a positive signal to companies lining up to list in the financial hub. The stock's performance is being seen as a test of investor appetite for Hong Kong listings against a backdrop of weak markets and multi-billion dollar initial public offerings (IPOs) that have struggled to rise above their issue price, such as smartphone maker Xiaomi and China Tower . The strong debut also reflects investor confidence that loss-making Meituan can fend off bruising competition from food-delivery platform Ele.me, which is backed by China's biggest e-commerce company Alibaba Group Holding (BABA.N).
Motley Fool•14 hours agoWhy the Bears Are Wrong About iQiyi Stock
iQiyi isn't a safe stock, but the upside outweighs the risk.
- InvestorPlace•18 hours ago
A Messy Story Creates an Opportunity in NetEase Stock
Even with Chinese stocks struggling across the board, NetEase (NASDAQ:NTES) has had a particularly tough run lately. NTES stock has dropped by nearly half from late 2017 highs. NetEase stock, in fact, hit a two-year low earlier this month before a modest rebound.7 Biotech Stocks to Buy Now
Market Realist•yesterdayInvestors Can’t Get Enough of FAANG+BAT, the Most-Crowded Trade
It seems like fund managers can’t get enough of technology stocks. They continue to invest in the so-called FAANG and BAT stocks—US stocks Facebook (FB), Apple (AAPL), Amazon (AMZN), Netflix (NFLX), and Google (GOOGL) and China’s Baidu (BIDU), Alibaba (BABA), and Tencent (TCEHY). They’re the most crowded trades.
Reuters•yesterdayChina's Tencent Music seeks $2 billion in U.S. IPO: sources
Tencent Music Entertainment Group, China's biggest music-streaming company, is seeking to raise about $2 billion in a U.S. listing, according to three people close to the deal, down from the up to $4 billion that had been touted earlier. The subsidiary of Chinese tech giant Tencent Holdings filed confidentially with the U.S. Securities and Exchange Commission (SEC) two weeks ago, three people with knowledge of the matter said, in what will be one of the biggest listings in New York by a Chinese company this year. Tencent Music had earlier been seeking to raise between $3 billion and $4 billion, Thomson Reuters publication IFR reported, which would have made it the biggest Chinese float in the United States so far in 2018, ahead of streaming company iQiyi's $2.42 billion IPO in March.
Reuters•yesterdayChina's Tencent Music seeks $2 billion in U.S. IPO: sources
Tencent Music Entertainment Group, China's biggest music-streaming company, is seeking to raise about $2 billion in a U.S. listing, according to three people close to the deal, down from the up to $4 billion that had been touted earlier. The subsidiary of Chinese tech giant Tencent Holdings filed confidentially with the U.S. Securities and Exchange Commission (SEC) two weeks ago, three people with knowledge of the matter said, in what will be one of the biggest listings in New York by a Chinese company this year. Tencent Music had earlier been seeking to raise between $3 billion and $4 billion, Thomson Reuters publication IFR reported, which would have made it the biggest Chinese float in the United States so far in 2018, ahead of streaming company iQiyi's $2.42 billion IPO in March.
- TheStreet.com•yesterday
Tesla, Disney, Marvel and Denmark's Danske Bank - 5 Things You Must Know
U.S. stock futures turned lower on Wednesday, Sept. 19, while global stocks were mostly higher amid signals the U.S. and China could be prepared to broker an agreement in their ongoing trade war. China's decision to retaliate with tariffs of 5% on $60 billion of U.S. imports, following Donald Trump's move to add levies of 10% on $200 worth of goods coming the other way, both fell short of investor expectations and, if managed by the two sides correctly, shouldn't have a significant impact on economic growth or corporate profitability. The economic calendar in the U.S. on Wednesday includes Housing Starts for August at 8:30 a.m. ET, and Oil Inventories for the week ended Sept. 14, at 10:30 a.m.
- Market Realist•yesterday
Baidu Unit Cleared to Sell Mutual Funds
Du Xiaoman Financial, Baidu’s (BIDU) financial services subsidiary, has been cleared to enter the business of selling mutual funds in China. The approval sees Baidu join Alibaba (BABA) and Tencent (TCEHY), which had secured licenses allowing them to sell mutual funds.
- Reuters•2 days ago
BRIEF-Tencent Holdings Announces Share Repurchase On Sept 19
Sept 19 (Reuters) - Tencent Holdings Ltd: * REPURCHASES 120,000 SHARES AT HK$38.8 MILLION ON SEPT 19 Source text for Eikon: Further company coverage:
- Reuters•2 days ago
Tencent investment exec quits amid Chinese gaming industry turmoil
* Tencent, Chinese gaming industry facing govt crackdown * Lai led Tencent's investments in Western companies - LinkedIn * Will invest in games, video, music firms at Coatue - LinkedIn (Adds details from ...
- Reuters•2 days ago
Tencent Investment Executive Jonathan Lai Leaves to Join Coatue -WSJ
Tencent Holdings Ltd's investment executive Jonathan Lai, who led many of firm's investments into digital entertainment startups, said he has left the China-based company to join Coatue Management, the Wall Street Journal reported on Tuesday. Lai, a director in the Tencent's interactive entertainment group based in the United States, would assume a similar role at New York-based Coatue Management, the report added. Lai's team at Tencent was responsible for making investments into companies in the U.S. and Europe, according to the report.
- Reuters•2 days ago
Tencent Investment Executive Jonathan Lai Leaves to Join Coatue -WSJ
Tencent Holdings Ltd's investment executive Jonathan Lai, who led many of firm's investments into digital entertainment startups, said he has left the China-based company to join Coatue Management, the Wall Street Journal reported on Tuesday. Lai, a director in the Tencent's interactive entertainment group based in the United States, would assume a similar role at New York-based Coatue Management, the report added.
- The Wall Street Journal•2 days ago
[$$] Tencent Investment Executive Jonathan Lai Leaves to Join Coatue
Ltd.’s investments into digital entertainment startups, said he has left the China-based company. Mr. Lai said he plans to assume a similar role at Coatue Management. Tencent, which sports a market value of about $387 billion, is one of the world’s most prolific technology investors.
- Bloomberg•2 days ago
This Is the World's Most Disappointing Stock
For the most disappointing stock trade in the world this year, step forward Tencent Holdings Ltd.Of the 10 companies worth more than $100 billion that analysts predominantly rate as buy, Tencent has by some distance had the worst 2018, data compiled by Bloomberg show.
- TechCrunch•2 days ago
Old media giants turn to VC for their next act
Many of the media giants from the 1990s and early 2000s remain market leaders with multi-billion dollar valuations, however, and have become active investors in startups as a tactic to help themselves evolve. Of the traditional media companies that have committed to corporate venturing, there are two distinct strategies: those whose investing seems to be about replacing the historic classifieds section of newspapers and diversifying into a range of consumer-facing marketplaces, and those whose investing is concentrated on capturing an early glimpse (and early equity stake) in startups reshaping media. The company's startup accelerator is one of the most active in Europe.
Market Realist•2 days agoWill US Markets Shrug Off Trade Worries Again?
US markets have been quite resilient for the most part in 2018—even in the face of escalating trade tensions between the United States and the European Union, Canada, Mexico, and China. The markets have tended to dive initially only to erase most of the losses later on—probably because the markets believe that the United States has the upper hand in the trade situation and has less to lose. In contrast, China’s major indexes have plunged ~25.0% from their highs this year, and its economic growth is also feeling the pressure from these escalating trade tensions.
- Market Realist•2 days ago
Why Tencent Stock Has Fallen Lately
Chinese Internet giant Tencent (TCEHY) has seen its stock plunge recently due to the Chinese government’s crackdown on online gaming. Tencent is the largest online gaming company in the world. Most of the company’s gaming business comes from China.
Reuters Videos•12 hours agoTencent-backed Meituan jumps 5 pct on debut
Meituan Dianping's IPO got off to a strong start in Hong Kong on Thursday, valuing the Chinese online food delivery-to-ticketing services firm at about $55 billion and sending a positive signal to companies lining up to list in the financial hub. Ed Giles reports.
