Tencent Holdings Ltd (0700.HK)
STOCKHOLM, Dec 8 Music streaming company Spotify and the music arm of China's Tencent Holdings Ltd will buy minority stakes in each other's businesses, the companies said in a statement on Friday.
SHANGHAI, Dec 8 Hong Kong stocks rose the most in two weeks on Friday, aided by a sharp rebound in Tencent Holdings, and better-than-expected China November trade data.
* Says it signed strategic cooperation agreement with Tencent regarding areas including pharmacy, finance, smart city, public safety as well as power industry
Dec 7 Hong Kong's benchmark index rose slightly on Thursday, aided by a rebound in index heavyweight Tencent Holdings, which jumped 3.3 percent. ** At close of trade, the Hang Seng index was up 78.39 points or 0.28 percent at 28,303.19. The Hang Seng China Enterprises index fell 0.11 percent to 11,150.73. **The sub-index of the Hang Seng tracking energy shares dipped 0.7 percent while the IT sector rose 2.63 percent, the financial sector was 0.12 percent higher and property sector di
* Cook has been criticised for bowing to pressure from Beijing
HONG KONG, Dec 6 Apple Inc's chief executive Tim Cook said on Wednesday he sees Tencent Holdings , China's biggest social network and gaming company, as a great partner and thinks very highly of its founder Pony Ma.
JOHANNESBURG, Dec 5 U.S. law firm Pomerantz LLP said on Tuesday it had launched an investigation into whether South Africa's Naspers and its directors had engaged in any business malpractices.
* Rand trades sideways (Adds details, fresh quotes, updates figures)
* DHX MEDIA LTD SAYS HAS LICENSED MORE THAN 450 HALF-HOURS OF CHILDREN'S CONTENT TO TENCENT ACROSS MAINLAND CHINA ON TENCENT'S STREAMING PLATFORMS Source text for Eikon: Further company coverage:
HONG KONG (Reuters Breakingviews) - Jack Ma is pedaling headlong into China's troubled bicycle-sharing sector. Alibaba affiliate Ant Financial just hedged its investment in Ofo with a $300 million stake in Shanghai-listed Youon. That's another 80 million potential users for its Alipay system. The move reflects rising stakes in a cutthroat battle with Mobike, backed by payments rival Tencent.