
Barclays maintains Tencent ADR at Equalweight
A Barclays analyst maintained Tencent ADR (OTC: TCEHY) at Equalweight and a price target of $50.00 from a prior price target of $48.00. Prior to this rating, Tencent ADR had 1 buy...
A Barclays analyst maintained Tencent ADR (OTC: TCEHY) at Equalweight and a price target of $50.00 from a prior price target of $48.00. Prior to this rating, Tencent ADR had 1 buy...
By Ambar Warrick Investing.com -- Chinese internet firm Baidu Inc (NASDAQ:BIDU) on Monday canceled a planned livestream for the launch of its artificial intelligence-driven ChatGPT rival...
(Bloomberg) -- TikTok CEO Shou Chew’s attempts to win over Congressional lawmakers Thursday failed. But the more crucial fight to prevent the short-video app from being punished or banned is...
A Nomura/Instinet analyst maintained Tencent Holdings (HK: 0700) at Buy and a price target of $510.00. Prior to this rating, Tencent Holdings had 43 buy ratings, 3 hold ratings, and 3...
By Ambar Warrick Investing.com -- Major Chinese technology stocks rose on Thursday, with shares of Tencent up sharply after the internet giant logged stronger-than-expected annual earnings,...
Chinese tech giant Tencent reported Wednesday better-than-expected quarterly revenue, helped by growth in ads within its growing "video accounts" business.
(Reuters) - Tencent Holdings (HK:0700) reported a drop in annual revenue for the first time ever, as China's economic slowdown due to the pandemic and a long-running regulatory crackdown...
By Oliver Gray Investing.com - U.S. stock futures were trading in a tight range during Tuesday's evening deals, after major benchmark averages finished the regular session in a positive...
By Geoffrey Smith Investing.com -- Tencent (HK:0700) Music (NYSE:TME) stock fell sharply in early trading in New York on Tuesday after the Chinese music streaming company reported another...
Tencent's successful foray into short videos and a softening regulatory backdrop have fueled a $160 billion (R2.97 trillion) rally since October, the next leg of which will hinge on a...
Two of China's biggest tech companies and a U.S. retailer are on deck to report earnings Monday or Tuesday morning.
Tencent Holdings founder Pony Ma and others from China's crackdown-hit Internet sector will be absent from this year's parliamentary sessions.
Coin Edition - Huawei Cloud announced the launch of the Metaverse and Web 3.0 Alliance. It partners with Blockchain Solutions, Deepbrain Chain, Polygon, and Morpheus Labs. The Tencent...
Tencent, the Chinese software and tech company, has announced its metaverse suite of services designed to target Asian markets. The company revealed that it will revamp its media offering...
Following a partnership announcement with Microsoft, liquid staking decentralized finance protocol Ankr swiftly reached over $1.5 billion in 24-hour trading volume, with its token sailing...
Tencent Cloud, along with its Web3 blockchain partners, is looking to build a stronger foundational infrastructure to help global builders in the Web3 ecosystem.
Could China’s sentiment around crypto be a turning tide? A move from Tencent Cloud this week could certainly suggest so. An unexpected investment in web3-related tools will hit the market...
Liquid staking token Ankr (ANKR) continues to trade 73% higher than Tuesday's open after it announced partnerships with technology giants Microsoft and Tencent.
Tencent Holdings' cloud service provider, Tencent Cloud, has announced its interest and entry into web3.
Facebook has been blocked in the country for 14 years.
China’s biggest videogame company is seeking to be the country’s exclusive seller of the Facebook parent company’s popular virtual-reality headset.
According to reports, Tencent and Bytedance, two Chinese tech giants, are planning to execute a significant number of job cuts in their metaverse divisions. Tencent recognized it is making...
Tencent will not venture into VR hardware as a tougher regulatory crackdown and a challenging economic outlook force the company to reduce its metaverse bets.
Due to the economic downturn, Chinese tech giant Tencent Holdings is reportedly ditching its plan to manufacture virtual reality (VR) gear and scaling back its recently assembled metaverse...
By Josh Ye HONG KONG (Reuters) - Tencent Holdings (HK:0700) is abandoning plans to venture into virtual reality hardware, as a sobering economic outlook prompts the Chinese tech giant to...
By Josh Ye HONG KONG (Reuters) – Tencent Holdings is abandoning plans to venture into virtual reality hardware, as a sobering economic outlook prompts the Chinese tech giant to cut costs...
The Chinese technology company behind the popular messaging app WeChat will utilize the MultiversX network infrastructure to build new products in the Web3 and metaverse spaces.
Naspers and Prosus announced their share repurchase programme in June 2022, where they are selling part of their Tencent stake to buy back their own stock — and executives and directors have...
Tencent significantly outperformed Naspers over the last eighteen years, which raises questions about Naspers' management and capital allocation.
By Scott Kanowsky Investing.com -- U.S. stock futures slipped on Monday, with traders eyeing the release of the Federal Reserve's latest interest rate decision and a slew of corporate...
By Scott Kanowsky Investing.com -- European shares declined in early trading on Monday, with investors looking ahead to a Federal Reserve meeting and key economic data later this week. At...
By Josh YeHONG KONG (Reuters) - China's end to a sweeping crackdown on its video games market is expected to breathe life back into the battered industry this year, but remaining...
HONG KONG (Reuters) - Shares of Tencent Holdings (HK:0700), the world's largest gaming company, and smaller rival NetEase (NASDAQ:NTES) Inc rose on Wednesday after China's video games...
(Bloomberg) -- Shares of Tencent (HK:0700) Holdings (OTC:TCEHY) have nearly doubled from their recent lows on growing signs that China is preparing to end its crackdown on major tech firms...
(Bloomberg) -- Tens of thousands of tech sector job cuts may not be enough to reverse the collapse in share prices, given the looming economic downturn could slash companies’ revenues far...
By Geoffrey Smith Investing.com -- Shares in Prosus (JO:PRXJn) (OTC:PROSF) and Standard Chartered (OTC:SCBFF) stood out in early trading in Europe on Wednesday, both rising in...
As we head into 2023, here's a look back at a year that saw dealmaking slow into year-end amid rising interest rates by central banks, with three of the top five deals fraught with...
By Josh Ye HONG KONG (Reuters) -China's video game regulator granted publishing licences to 44 foreign games for domestic release,including seven from South Korea, further lifting rigid...
By Josh Ye HONG KONG (Reuters) - The founder of Chinese tech giant Tencent Holdings Ltd (HK:0700) told employees many “corruption” issues had been discovered within the company and...
(Bloomberg) -- China’s beleaguered technology sector may have finally turned the corner, if earnings from top firms are anything to go by. Market watchers are growing increasingly upbeat...
By Josh Ye HONG KONG (Reuters) - China's Tencent Holdings (HK:0700) said on Wednesday it would return capital to shareholders through a dividend distribution of its $20.3 billion stake in...
By Senad Karaahmetovic Chinese stocks listed in the U.S. are trading sharply higher in pre-open Tuesday to reflect strong gains recorded in the Asian trading session. The Hang Seng Tech...
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