Filing: Tencent-backed AI chipmaker Enflame prices its Shanghai IPO at ~$21 per share, aiming to sell 43M shares and raise ~$911M
Shanghai Enflame Technology Co., backed by Tencent Holdings Ltd., is seeking to raise about 6.12 billion yuan ($911 million) in an initial public offering …
CXMT overtakes Tencent to become the most valuable Chinese company, with a ~$524B market cap, above Tencent's ~$510B; CXMT's Shanghai shares jumped 460%+ at IPO
CXMT Corp. has overtaken Hong Kong-listed Tencent Holdings Ltd. as the world's most valuable Chinese company …
Tencent reports Q2 revenue up 11% YoY to ~$30.4B, above ~$30B est., driven by surging WeChat advertising and resilient game spending, and net income of ~$8.3B
Tencent Holdings Ltd.'s revenue grew a faster-than-projected 11%, keeping up the steady pace of expansion it needs to finance …
Tencent reports Q1 revenue up 9% YoY to ~$28.9B, below ~$29.4B est., net income up 21% YoY to ~$8.5B, meeting est., and capex up 16% YoY, amid a costly AI pivot
Tencent Holdings Ltd. reported its slowest revenue growth in six quarters, underscoring the urgency around its costly AI pivot …
Alibaba and Tencent lost a combined $66B in market value in ~24 hours after investors punished the two Chinese tech leaders for unclear AI monetization plans
Alibaba Group Holding Ltd. and Tencent Holdings Ltd. lost $66 billion of market value in roughly 24 hours, after the market punished …
China says its trade surplus from digital services rose 100%+ to a record $33B in 2025, boosted by overseas revenue from AI, livestreaming, and e-commerce
Chinese revenue from digital services sold abroad is soaring as tech champions from ByteDance Ltd. to Tencent Holdings Ltd. ramp …
Tencent's Hong Kong stock has risen around 95% since October 28 and Alibaba's stock is up about 85% over a similar period, as China relaxes its tech crackdown
Shares of Tencent Holdings Ltd. have nearly doubled from their recent lows on growing signs that China is preparing to end …
Tencent is no longer China's most valuable company after its shares dropped 64% since Jan. 2021, wiping $623B in market value, more than any other firm globally
Tencent Holdings Ltd. has lost its title as China's biggest company to liquor giant Kweichow Moutai Co., the latest sign … Tweets: @doomlaser , @jojjeols , and @chinabeigebook Tweets: @doomlaser : @Te...
Analysis: Tencent and Alibaba, whose stocks have dropped 60% and 65% respectively since February 2021, have lost more market value than any other stock globally
Just 18 months ago, Tencent Holdings Ltd. was on the cusp of becoming Asia's second trillion-dollar company … Tweets: @technology Tweets: @technology : Next week, Tencent will seek to assure investors...
Despite China's private sector crackdown in 2021, two unidentified Tencent executives still earned $200M+ each; Tencent's shares dropped 19% in 2021
Tencent Holdings Ltd. doled out more than $200 million apiece to two unidentified executives in 2021, even as it cut founder Pony Ma's compensation …