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Tencent shares plunged by 12% in Hong Kong trading, wiping over $40 billion from the company’s market value. Shares in NetEase, another major game developer, fell by almost 25%.
U.S.-traded shares of Tencent, which is also the parent of Chinese instant messaging app WeChat, fell 8% in over-the-counter trading. Tencent said in a statement that its inclusion on the list was ...
Shares of Tencent were up as much as 6% while those of NetEase were up over 10% as the Hong Kong market resumed after the Christmas and Boxing Day holidays. Those gains are still some way off from ...
Tencent Holdings Ltd. (Chinese: 腾讯; pinyin: Téngxùn) is a Chinese multinational technology conglomerate and holding company headquartered in Shenzhen.It is one of the highest grossing multimedia companies in the world based on revenue.
Shares of the Chinese tech conglomerate Tencent Holdings (OTC: TCEHY) traded roughly 3.3% higher, as of nearly 1 p.m. ET, while shares of the Chinese online retailer PDD Holdings (NASDAQ: PDD ...
SHANGHAI (Reuters) -China's Tencent Holdings saw its shares stage a partial rebound on Wednesday, the first day of trade after authorities vowed to make improvements to proposed rules that had ...