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Tencent Holdings Ltd (TCEHY.PK)

TCEHY.PK on OTC Markets Group

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Latest Key Developments (Source: Significant Developments)

21Vianet Group says partnered with Microsoft and Tencent to launch Microsoft office online
Friday, 19 May 2017 08:00am EDT 

May 19 (Reuters) - 21vianet Group Inc ::Says announced that it has partnered with Microsoft and Tencent to launch Microsoft office online.  Full Article

Perfect Shape Beauty Technology updates on disposal of 235,000 Tencent shares
Wednesday, 17 May 2017 08:09am EDT 

May 17 (Reuters) - Perfect Shape Beauty Technology Ltd <1830.HK>:Disposed on-market of total of 235,000 Tencent shares at average price of HK$260.1 per Tencent share.Gross sale proceeds from disposal of about HK$61.1 million.As a result of disposal, comapny is expected to recognize an aggregate gain of approximately HK$10 million.  Full Article

Tencent says qtrly net profit rose 58 pct
Wednesday, 17 May 2017 05:00am EDT 

May 17 (Reuters) - Tencent Holdings Ltd <0700.HK>:qtrly net profit rmb 14,476 million versus rmb 9,183 million a year ago.as at March 31, combined MAU for Weixin and Wechat was 937.8 million versus 762.4 million a year ago.q1 revenues rmb 49,552 million versus rmb 31,995 million.qtrly revenue from online advertising rmb 6,888 million versus rmb 4,701 million.  Full Article

Universal Music Group, Tencent Music enter into agreement to expand Chinese music market
Tuesday, 16 May 2017 05:03am EDT 

May 16 (Reuters) - Universal Music Group-:Universal Music Group and Tencent Music Entertainment Group enter into strategic agreement significantly expanding chinese music market.Under terms, TME to distribute music from UMG's record labels and global recording stars on its streaming platforms .TME will also be co's master distribution and licensing partner to exclusively sub-license co's content to third-party music service providers in China.  Full Article

Yixin announces strategic investments
Thursday, 11 May 2017 08:12am EDT 

May 11 (Reuters) - Tencent Holdings Ltd <0700.HK>:Yixin capital limited-group of strategic investors entered into agreements pursuant to which they agreed to make investments in co of up to rmb 4 billion.Yixin capital limited says strategic investors include tencent, bitauto, china orient amc international, and sf express founder wei wang.Yixin capital limited - after close of transaction, bitauto will hold over 48 percent of yixin's outstanding share capital.Yixin capital limited - will change its name to yixin group limited.  Full Article

58.com announces agreement to raise $200 mln from Tencent
Monday, 17 Apr 2017 09:43pm EDT 

April 17 (Reuters) - 58.Com Inc :58.com announces agreement to raise US$200 million from Tencent for development of used goods trading platform Zhuan Zhuan.Tencent will invest US$200 million in cash and additional business resources into new business group for a minority equity ownership.58.com will continue its direct traffic and other business support to Zhuan Zhuan entities.  Full Article

Tencent Holdings Ltd reports 5 pct passive stake in Tesla Inc
Tuesday, 28 Mar 2017 07:19am EDT 

Tencent Holdings Ltd <0700.HK>:Tencent Holdings Ltd reports 5 percent passive stake in Tesla Inc as on March 24, 2017.  Full Article

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

More From Around the Web

Hong Kong stocks hit 22-month high, Tencent at record

May 22 Hong Kong's benchmark share index ended Monday at its highest closing level in 22 months, helped by buoyant sentiment in Asian markets and steady money inflows from mainland China, which helped push index heavyweight Tencent to a fresh record.