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Tencent Holdings Ltd (0700.HK)

0700.HK on Hong Kong Stock

24 Mar 2017
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HK$2.20 (+0.99%)
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Latest Key Developments (Source: Significant Developments)

Tencent says qtrly net profit rose 47 pct
Wednesday, 22 Mar 2017 05:12am EDT 

Tencent Holdings Ltd <0700.HK> : qtrly net profit rmb 10,529 million versus rmb 7,164 million a year ago . Final dividend of hkd0.61 per share . q4 revenues rmb 43,864 million versus rmb 30,441 million . q4 revenues from online advertising business rmb 8,288 million versus rmb 5,733 million . As at Dec 31 2016, combined mau of weixin and wechat is 889.3 million versus 697 million a year ago .during year ended 31 Dec 2016, group made impairment provision of rmb2,117 million against carrying amounts of a number of associates.  Full Article

Tencent president says Yuewen Group aims to list in Hong Kong
Tuesday, 21 Mar 2017 11:01pm EDT 

Tencent Holdings Ltd <0700.HK> : Says Yuewen Group targeting to list in Hong Kong - president Martin Lau Further company coverage: [0700.HK] (Reporting by Hong Kong newsroom) ((twinnie.siu@thomsonreuters.com; 852-2841 5763; Reuters Messaging: twinnie.siu.thomsonreuters.com@reuters.net)).  Full Article

Russia's Megafon signs 35 bln rbl loan deal with Sberbank
Wednesday, 8 Feb 2017 02:05am EST 

Megafon says: Megafon and Sberbank have agreed on the opening of a 35 billion rouble ($588.62 million) credit line until 2024 to help finance Megafon's acquisition of a stake in Mail.ru ; . Sberbank will also lower interest rates on three existing credit lines worth a total of 97.2 billion roubles. Further company coverage: [MFON.MM] ($1 = 59.4613 roubles) (Reporting by Moscow Newsroom) ((maria.kiselyova@thomsonreuters.com)).  Full Article

Aviva, Hillhouse Capital and Tencent to develop insurance co in Hong Kong
Friday, 20 Jan 2017 03:21am EST 

Aviva Plc : Aviva, Hillhouse Capital and Tencent Holdings Limited have agreed to develop an insurance company in Hong Kong, which will focus on digital insurance . As part of agreement, Hillhouse and Tencent will acquire shares in Aviva Life Insurance Company Limited . Following completion of transaction, Aviva and Hillhouse will each hold 40 pct and Tencent will hold 20 pct shareholdings in Aviva Hong Kong .Transaction is subject to customary closing conditions, including regulatory approval.  Full Article

Navinfo's unit Tencent's Oriental Power, Singapore GIC's Rocco plan Dutch JV
Monday, 26 Dec 2016 04:00am EST 

Navinfo Co Ltd <002405.SZ> : Says Hong Kong unit, Oriental Power and GIC's SPV Rocco plan to invest 97 million euros, 44 million euros and 102 million euros respectively to set up JV Siway in Netherlands .Says Siway will acquire 10 percent stake in navigation solution provider Here International B.V..  Full Article

Starbucks and Tencent announce strategic partnership to launch social gifting on Wechat in China
Wednesday, 7 Dec 2016 12:00pm EST 

Starbucks Corp: Starbucks and Tencent announce strategic partnership to launch social gifting on Wechat in China . A strategic partnership to co-create a "new social gifting feature" on Wechat in early 2017 .Partnership extends wechat pay across Starbucks stores in Mainland China beginning December 8.  Full Article

Tencent Holdings said to sign $3.5 bln Supercell acquisition loan - Bloomberg
Friday, 14 Oct 2016 12:06am EDT 

:Tencent Holdings is signing a $3.5 billion loan to back purchase of a majority stake in supercell oy from softbank group corp - Bloomberg, citing sources.  Full Article

Tencent's unit, Huang River purchases 8.02 mln JD.com ADSs
Friday, 19 Aug 2016 08:26am EDT 

Tencent Holdings Ltd <0700.HK> : Tencent's unit, Huang River Investment reports 21.25 pct stake in JD.com as of August 17-SEC filing . Purchased 8.02 million JD.com ADSs, representing 16.03 million class A shares between August 12 and August 18 . Source: (http://bit.ly/2bnoEoG) Further company coverage: [0700.HK] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Tencent says Q2 net profit RMB 10.74 bln<0700.HK>
Wednesday, 17 Aug 2016 05:07am EDT 

Tencent Holdings Ltd <0700.HK>: Announcement of the results for the three and six months ended 30 June 2016 <0700.HK> . Q2 revenue RMB 35.69 billion . Q2 net profit RMB 10.737 billion versus RMB 7.31 billion a year ago . Board did not declare any interim dividend for the six months ended 30 June 2016 and 2015. . Qtrly online games revenues grew by 32% to RMB17.124 billion . For the quarter for weixin and wechat together, mau reached 806 million, representing year-on-year growth of 34% . Revenues from online advertising business increased by 60% to RMB6.532 billion for the second quarter of 2016 on a year-on-year basis. .  Full Article

STX Entertainment says received strategic investments from PCCW, Tencent
Thursday, 11 Aug 2016 04:00pm EDT 

STX Entertainment :Received significant strategic investments from PCCW and Tencent Holdings.  Full Article

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