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Tencent Holdings Ltd (0700.HK)

0700.HK on Hong Kong Stock

26 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Nvidia says launching new Nvidia TensorRT 3 AI inference software
Monday, 25 Sep 2017 10:12pm EDT 

Sept 25 (Reuters) - Nvidia Corp :Co's unified architecture, deep neural networks can be trained on Nvidia DGX in data center, deployed in devices like robots, autonomous vehicles.Launching new nvidia tensorRT 3 AI inference software; Alibaba, Baidu, Tencent, JD.com, Hikvision adopt Nvidia tensorRT.  Full Article

TCL's unit brings in Tencent as strategic investor
Sunday, 2 Jul 2017 09:50pm EDT 

July 3 (Reuters) - TCL Corp <000100.SZ>:Says its unit Shenzhen Leynew Technology Co Ltd to bring in Tencent's unit Tencent Cyber (Shenzhen) Company Limited as strategic investor.Says Tencent Cyber to invest 450 million yuan ($66.38 million) in Shenzhen Leynew Technology for 16.67 percent stake.  Full Article

Cheetah Mobile announces proposed delegation of voting rights by Kingsoft to Sheng Fu
Monday, 13 Feb 2017 06:57am EST 

Cheetah Mobile Inc : Cheetah Mobile announces proposed delegation of voting rights by Kingsoft to Sheng Fu . Upon effectiveness of voting proxy agreement, Kingsoft will hold approximately 25.03% voting rights of Cheetah Mobile . Controlling shareholder Kingsoft will delegate about 37.81% voting rights of Cheetah Mobile to CEO Sheng Fu . Fu intends to separately enter into a voting proxy agreement with Tencent . Tencent will delegate to Fu approximately 4.5% voting rights of Cheetah Mobile . Proxy agreement provides for agreement to increase size, change composition of current 9-member board, such that there will be 11 directors .11 directors, to include 3 directors from Cheetah Mobile, 1 director designated by Kingsoft, 1 director designated by Tencent Holdings.  Full Article

Russia's Megafon says completes acquisition of stake in Mail.ru
Thursday, 9 Feb 2017 11:52am EST 

Russian mobile operator Megafon says: Completes acquisition of a stake in internet group Mail.ru In late 2016, Megafon agreed to pay $740 million for the stake in Mail.ru. [nL5N1EI0T4] Further company coverage: [MFON.MM] (Reporting by Moscow Newsroom) ((andrey.ostroukh@thomsonreuters.com;)).  Full Article

Leju announces expanded partnerships with Tencent, Weibo and Focus Media
Tuesday, 13 Dec 2016 07:00am EST 

Tencent Holdings Ltd <0700.HK> - : Leju announces expanded partnerships with Tencent, Weibo And Focus Media .Under partnership arrangements, leju will launch a series of new cross-platform marketing products for real estate and home furnishing industries.  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

Tencent merges with China Music Corp to develop digital music
Friday, 15 Jul 2016 01:46am EDT 

Tencent <0700.HK> says: Company agreed on merger with China Music Corp to develop digital music business in China . Tencent will hold majority stake in new company formed as part of merger (Reporting by Beijing Monitoring Desk) ((Judy.Hua@thomsonreuters.com;)).  Full Article

BRIEF-Nvidia says Alibaba Cloud, Baidu, Tencent adopting new Nvidia Volta GPU computing platform

* Nvidia says Alibaba Cloud, Baidu and Tencent are adopting new Nvidia Volta GPU computing platform to accelerate AI Source text for Eikon: Further company coverage: