Edition:
United Kingdom

Tencent Holdings Ltd (0700.HK)

0700.HK on Hong Kong Stock

337.00HKD
17 Aug 2018
Change (% chg)

HK$11.20 (+3.44%)
Prev Close
HK$325.80
Open
HK$335.00
Day's High
HK$338.80
Day's Low
HK$333.60
Volume
42,698,939
Avg. Vol
24,245,689
52-wk High
HK$476.60
52-wk Low
HK$314.60

Latest Key Developments (Source: Significant Developments)

Tencent Holdings Posts Qtrly Profit Attributable Of RMB17,867 Mln
Wednesday, 15 Aug 2018 

Aug 15 (Reuters) - Tencent Holdings Ltd <0700.HK>::QTRLY PROFIT ATTRIBUTABLE RMB17,867 MILLION VERSUS RMB18,231 MILLION LAST YEAR.QTRLY REVENUE RMB 73,675 MILLION VERSUS RMB56,606 MILLION.AS AT 30 JUNE 2018, COMBINED MAU OF WEIXIN AND WECHAT 1,057.7 MILLION VERSUS 962.8 MILLION AS AT 30 JUNE 2017.QTRLY SMART PHONE GAMES REVENUES GREW 19% YEAR-ON-YEAR AND DECLINED 19% SEQUENTIALLY TO RMB17.6 BILLION.  Full Article

China Vanguard You Champion Says Unit Signs Software Development And Project Management Deal
Tuesday, 14 Aug 2018 

Aug 14 (Reuters) - China Vanguard You Champion Holdings Ltd <8156.HK>::TENCENT CLOUD COMPUTING (BEIJING) CO, WITH CO'S UNIT, SIGNS DEAL FOR PUBLIC SECURITY BUREAU OF SHENZHEN MUNICIPALITY.DEAL TO DEVELOP CONVERGENCE MEDIA PLATFORM WITH ACCESS FROM WECHAT BASED PLATFORM.  Full Article

Activision And Tencent Bringing New Call Of Duty Mobile Game To China
Thursday, 2 Aug 2018 

Activision Blizzard Inc ::ACTIVISION AND TENCENT BRINGING NEW CALL OF DUTY MOBILE GAME TO CHINA.ACTIVISION, A UNIT OF ACTIVISION BLIZZARD, SAYS CO & TENCENT HOLDINGS LTD ANNOUNCED A COLLABORATION TO BRING CALL OF DUTY TO MOBILE IN CHINA.  Full Article

Pinduoduo Announces Pricing Of Initial Public Offering
Thursday, 26 Jul 2018 

July 26 (Reuters) - Pinduoduo Inc PDD.O::PINDUODUO ANNOUNCES PRICING OF INITIAL PUBLIC OFFERING.PINDUODUO INC - PRICING OF ITS INITIAL PUBLIC OFFERING OF 85.6 MILLION AMERICAN DEPOSITARY SHARES AT A PRICE OF US$19 PER ADS.PINDUODUO INC - TOTAL OFFERING SIZE OF IPO IS $1.63 BILLION.  Full Article

WebMD and Tencent Partner to Deliver Health Information in China
Tuesday, 24 Jul 2018 

July 24 (Reuters) - Tencent Holdings Ltd <0700.HK>::WEBMD HEALTH CORP SAYS CO, TENCENT ANNOUNCE PARTNERSHIP THAT WILL BRING WEBMD'S HEALTH CONTENT TO CHINESE PEOPLE THROUGH TENCENT'S DIGITAL PLATFORMS.  Full Article

Pinduoduo Inc Sees IPO Of 85.6 Million American Depositary Shares
Monday, 16 Jul 2018 

July 16 (Reuters) - Tencent Holdings Ltd <0700.HK>::PINDUODUO INC SEES IPO OF 85.6 MILLION AMERICAN DEPOSITARY SHARES PRICED TO BE BETWEEN $16.00 AND $19.00 - SEC FILING.PINDUODUO INC SAYS IT ADDS CHINA RENAISSANCE TO THE UNDERWRITERS TO THE U.S. IPO.PINDUODUO INC SAYS INTENDS TO USE ABOUT $580.0 MILLION OF IPO PROCEEDS TO ENHANCE AND EXPAND BUSINESS OPERATIONS.PINDUODUO INC - INTENDS TO USE ABOUT $580 MILLION OF IPO PROCEEDS FOR RESEARCH AND DEVELOPMENT, TO CONTINUE TO INVEST IN AND DEVELOP TECHNOLOGY INFRASTRUCTURE.PINDUODUO SAYS TENCENT HOLDINGS LTD HAVE INDICATED INTEREST IN PURCHASING UP TO $250 MILLION OF THE ADSS REPRESENTING CLASS A ORDINARY SHARES IN THE OFFERING.PINDUODUO - FOLLOWING IPO, CEO TO OWN ALL ISSUED CLASS B ORDINARY SHARES, REPRESENTING 89.80% TOTAL VOTING POWER IF UNDERWRITERS DON'T EXERCISE OVER-ALLOTMENT OPTION.  Full Article

Tencent Holdings Says Got Approval From Hong Kong Stock Exchange For Online Music Business Spin-off
Sunday, 8 Jul 2018 

July 8 (Reuters) - Tencent Holdings Ltd <0700.HK>::TENCENT HOLDINGS SAYS GOT APPROVAL FROM HONG KONG STOCK EXCHANGE TO PROCEED WITH SPIN-OFF OF ITS ONLINE MUSIC ENTERTAINMENT BUSINESS.TENCENT HOLDINGS SAYS TERMS OF PROPOSED MUSIC BUSINESS SPIN-OFF, INCLUDING SIZE OF OFFERING FOR LISTING ON A U.S. STOCK EXCHANGE, HAVE NOT BEEN FINALISED.  Full Article

Tencent Holdings To Issue New Shares Under Share Award Scheme
Friday, 6 Jul 2018 

July 6 (Reuters) - Tencent Holdings Ltd <0700.HK>::RESOLVED TO ISSUE 17.2 MILLION NEW SHARES DURING PERIOD FROM AUGUST 2017 TO JUNE 2018 UNDER SHARE AWARD SCHEME ON JULY 6.  Full Article

Nokia And Tencent Sign Agreement To Develop 5G Applications
Thursday, 5 Jul 2018 

July 5 (Reuters) - Nokia Oyj ::NOKIA AND TENCENT SIGN AGREEMENT TO ACCELERATE 5G WEBSCALE RESEARCH AND APPLICATIONS TO BENEFIT BILLIONS OF INTERNET USERS IN CHINA.SAYS TO DEVELOP NEW 5G APPLICATIONS WHILE EXPLORING 5G'S POTENTIAL IN TRANSPORTATION, FINANCE, ENERGY, INTELLIGENT MANUFACTURING AND ENTERTAINMENT.SAYS JOINT LAB TO BE ESTABLISHED IN SHENZHEN FOR DEVELOPMENT AND END-TO-END TESTING.SAYS STRATEGIC FRAMEWORK AGREEMENT SIGNED AT MOBILE WORLD CONGRESS SHANGHAI 2018 JULY 5.  Full Article

Axion Launches 'Rising Fire' With Tencent in China
Tuesday, 3 Jul 2018 

July 3 (Reuters) - Tencent Holdings Ltd <0700.HK>::AXION VENTURES - ANNOUNCES COMMERCIAL LAUNCH OF CO'S SELF TITLE 'RISING FIRE' IN CHINA THROUGH TENCENT HOLDING LIMITED'S DISTRIBUTION NETWORK 'WEGAME'.AXION VENTURES - EXPECTS TENCENT TO DISTRIBUTE 'RISING FIRE' IN A STAGED MANNER TO ABOUT 1.5 MILLION ACTIVE WEGAME USERS IMMEDIATELY.AXION - ALSO EXPECTS TENCENT TO DISTRIBUTE 'RISING FIRE' IN A STAGED MANNER TO ABOUT 15 MILLION USERS BY MID-JULY, AND UP TO 100 MILLION USERS BY MID-AUGUST.  Full Article

Photo

Chinese internet stock sell-off may shake faith in FANGs

SAN FRANCISCO A steep downturn in heavyweight Chinese internet stocks and recent weakness in half of the so-called FANG group have some investors worried that a key component of Wall Street's near-decade long rally may be low on fuel.