Shares of Chinese big tech stock Tencent (OTC: TCEHY) rallied today, increasing as much as 3.4%, before settling into a more modest 0.7% gain as of 2:43 p.m. ET. Tencent is arguably China's best ...
Event context and recent performance snapshot Tencent Music Entertainment Group (NYSE:TME) stock has moved sharply in recent periods, with a 4.6% gain over the past day contrasting with declines over ...
China’s most-valued company is losing favor with equity investors on concern it is falling behind in the nation’s increasingly competitive artificial intelligence race.
Sustainable Growth Advisers (SGA), an investment management company, released its fourth-quarter investor letter for its ...
Tencent’s AI app is clearly lagging when it comes to adoption. The count of daily active users of ByteDance’s Doubao and Alibaba’s Qwen models reached 78.7 million and 73.5 million respectively as of ...
Tencent is up 16% YTD, thanks to regulators in China easing up on gaming restrictions. Still, this is an underperformance compared to the NASDAQ, which gained 23%. Revenue growth has slowed down to ...
In a notable market move, Tencent Holdings (00700) experienced a significant purchase of 10,400 shares at a price of HKD $562.5, amounting to an investment of HKD 5.85 million. This transaction took ...
Chinese autonomous company WeRide Inc (NASDAQ:WRD) tapped Tencent Holding (OTC:TCEHY) Tencent Cloud to boost robotaxi commercial operations and build smart driving solutions for international markets.
In its second quarter, Tencent Music collected 8.44 billion yuan ($1.2 billion) in revenue, a strong (18%) year-over-year improvement for the company. The main driver of this growth was the take from ...