HKSE - Delayed Quote ? HKD TENCENT (0700.HK) Follow Compare 406.200 +2.000 (+0.49%) At close: 4:08 PM GMT+8 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Tencent Shareholder Naspers Expects Higher Performance, Driven By Growth The investor—which owns a 26% stake in Tencent—forecast higher headline earnings for its first half and said it expects sustained growth, with a focus on AI and technology. The Wall Street Journal ? yesterday NAPRF NPSNY TCEHY World-Class Scientists Gather at Tencent 2024 WE Summit in Chengdu to Share Cutting-Edge Discoveries On November 3, the 12th Annual Tencent WE Summit took place at the Chengdu Science Fiction Museum. Five world-renowned scientists took the stage, including Qi-Kun Xue, President of Southern University of Science and Technology, and professor at Tsinghua University; Kip S. Thorne, Nobel laureate and Feynman Professor of Theoretical Physics, Emeritus at the California Institute of Technology; May-Britt Moser, Nobel laureate and professor of neuroscience at the Norwegian University of Science and T PR Newswire ? 3 days ago TCEHY TCTZF Why Tencent Holdings Stock Triumphed Today On a generally gloomy Thursday for the stock market, Tencent Holdings (OTC: TCEHY) was something of a standout. Tencent reported its third-quarter results after market hours on Wednesday, revealing that it managed to grow revenue by 8% year over year in the period to over 167 billion yuan ($23.1 billion). International Financial Reporting Standards (IFRS) net income saw a more impressive leap, rising by 47% to 53.2 billion yuan ($7.4 billion). Motley Fool ? 4 days ago TCEHY ^GSPC Tencent adds 3,000 jobs in third quarter, signalling Big Tech growth in China amid AI race Chinese internet giant Tencent Holdings added more than 3,000 jobs in the third quarter, in a sign that the country's most valuable technology company is on a new growth trajectory after the industry was beset by downsizing in recent years. The Shenzhen-based company had 108,823 employees by the end of September, up 3 per cent year on year, according to its quarterly earnings results. The new jobs extend the payroll growth seen in the second quarter, when Tencent added 719 jobs from the previous South China Morning Post ? 5 days ago TCEHY Tencent Holdings Ltd (TCEHY) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and ... Tencent Holdings Ltd (TCEHY) reports robust financial performance with significant gains in gaming and e-commerce, while navigating economic challenges. GuruFocus.com ? 5 days ago TCEHY Tencent, Liberty Media: Trending Tickers Wealth! Host Brad Smith breaks down the top trending tickers on Yahoo Finance. First up is Tencent (TCEHY). The company reported its third quarter earnings, with profits jumping 47% year-over-year. Additionally, Tencent's gaming unit revenue grew 14% compared to the same period a year earlier. Next, Liberty Media (FWONK, FWONA, LLYVA, LLYVK) is in focus after a series of corporate announcements. The company's CEO, Greg Maffei, will be stepping down by the end of the year. Furthermore, Liberty Media plans to split most of its assets into a separately traded company called Liberty Live. Finally, Charter Communications (CHTR) will acquire Liberty Broadband (LBRDK) in an all-stock deal. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith Yahoo Finance Video ? 5 days ago FWONA FWONB FWONK Tencent's $23.9 Billion Quarter: Gaming, AI, and E-Commerce Dominate the Tech Landscape Mini Programs hit RMB2 trillion GMV as gaming revenues soar and AI powers Tencent's explosive growth GuruFocus.com ? 5 days ago TCEHY Tencent Signals Gradual China Recovery After Gaming Arm Revives (Bloomberg) -- Tencent Holdings Ltd. described tentative signs of a Chinese economic bounce-back after Beijing unveiled a plethora of stimulus measures, addressing investors’ fears about the trajectory of the world’s No. 2 economy.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceArizona Elections Signal Robust Immigration Enforce Bloomberg ? 5 days ago TCEHY Tencent Q3 Earnings: Gaming And AI Fuel Profit Growth, Pony Ma Eyes E-Commerce Expansion Chinese gaming giant Tencent Holding Ltd (OTC:TCEHY) reported fiscal third-quarter 2024 results Wednesday. Revenue grew 8% year-on-year to $23.9 billion (CNY 167.19 billion), quashing the analyst consensus estimate of $23.4 billion. Combined, the MAU of Weixin and WeChat grew by 3% year-on-year to 1.38 billion. Mobile device MAU of QQ grew 0.7% year-on-year to 562 million. Also Read: Sea Q3 Earnings: E-Commerce Leads Growth, Shopee On Track To Hit GMV Guidance, Stock Soars Fee-based VAS register Benzinga ? 5 days ago TCEHY Trending tickers: Tesla, Apple, Nvidia, Spotify and Shopify The latest investor updates on stocks that are trending on Wednesday. Yahoo Finance UK ? 5 days ago SPOT GBPEUR=X GBP=X TENCENT ANNOUNCES 2024 THIRD QUARTER RESULTS Tencent Holdings Limited (HKEX: 00700 (HKD Counter) and 80700 (RMB Counter), "Tencent" or the "Company"), a world-leading Internet and technology company in China, today announced the unaudited consolidated results for the third quarter ("3Q2024") ended Sep 30, 2024. PR Newswire ? 5 days ago TCEHY TCTZF Tencent Profit Momentum Continues on Gaming Strength Tencent’s core gaming business delivered strong results as the Chinese technology giant contended with a cooling economy. The Wall Street Journal ? 5 days ago JD JDCMF BABA Tencent beats estimates with 47% profit jump, driven by video gaming Tencent Holdings, operator of China's biggest social media app and the world's largest video gaming business by revenue, beat analyst estimates with a 47 per cent profit jump in the third quarter, helped by renewed growth in the video gaming segment. Profit reached 53.2 billion yuan (US$7.4 billion) in the three months ended September, up from 36.2 billion yuan in the same period a year ago. That exceeded the consensus estimates of 45.3 billion yuan from analysts polled by Bloomberg. Revenue for South China Morning Post ? 6 days ago TCEHY Shenzhen's soaring R&D spending rivals Beijing, dwarfs Hong Kong amid China's tech drive China's southern tech hub Shenzhen spent a record amount on research and development (R&D) last year, rivalling Beijing's level and vastly exceeding that of neighbouring Hong Kong to cement its position as a national research mecca. Shenzhen's R&D expenditure jumped to 223.66 billion yuan (US$30.93 billion) in 2023, surpassing the 200-billion-yuan mark for the first time and up by nearly 19 per cent from the previous year, according to government data released last week. R&D made up just under 6 South China Morning Post ? 6 days ago TCEHY Tencent signals slow AI monetisation; gaming drives 8% Q3 revenue growth BEIJING (Reuters) -Chinese gaming and social media leader Tencent Holdings said its investment in artificial intelligence has yet to turn into significant revenue and may take several quarters to have a meaningful impact on earnings. Tencent has intensified AI efforts over the past two years, developing services for large-language model training and deployment. "There are ... fewer AI start-ups in China which are actually buying a lot of compute (power)... The AI revenue in China on the cloud side is somewhat at scale for us, but I think it will not be exploding like in the U.S.," Tencent President Martin Lau said on a post-earnings call with analysts late on Wednesday. Reuters ? 6 days ago TCEHY Prosus Gains $2 Billion on Swiggy Investment with IPO Value (Bloomberg) -- Tencent Holdings Ltd.’s top backer Prosus NV said it has made more than $2 billion on its Swiggy investment as it continues to highlight the value of its portfolio outside of its stake in the Chinese tech giant. Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesNo Water by Year-End for This Zimbabwean City of 700,000 PeopleArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo Distric Bloomberg ? 6 days ago PRX.AS TCEHY Tencent's $500M Bet on Indonesia: The Next Big Growth Story Unfolds From gaming dominance to AI leadership, here's why Tencent's Indonesia move matters for global investors GuruFocus.com ? 7 days ago TCEHY Tencent Cloud Commits $500 Million for Infrastructure Development in Indonesia by 2030 GoTo Group, Tencent Cloud, and Alibaba Cloud sign agreements to enhance cloud infrastructure and digital talent in Indonesia GuruFocus.com ? 7 days ago TCEHY BABA Tencent to Invest $500 Million in Cloud Infrastructure in Indonesia Tencent Holdings plans to set up its third internet data center in Indonesia, as the Chinese tech giant furthers its partnership with GoTo Group and Alibaba Group. The Wall Street Journal ? 8 days ago TCEHY TCTZF BABA Stocks to watch next week: Burberry, SSE, Disney, Alibaba and AstraZeneca Earnings preview of key companies reporting next week and what to look out for. Yahoo Finance UK ? 10 days ago VLXGF IFMNF TSN Performance Overview Trailing total returns as of 11/19/2024, which may include dividends or other distributions. Benchmark is HANG SENG INDEX Return 0700.HK HANG SENG INDEX YTD +39.55% +15.35% 1-Year +29.98% +12.66% 3-Year -9.46% -22.34%
