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Tencent Holdings Ltd (0700.HK)

0700.HK on Hong Kong Stock

327.80HKD
24 Sep 2018
Change (% chg)

HK$-6.60 (-1.97%)
Prev Close
HK$334.40
Open
HK$332.20
Day's High
HK$332.40
Day's Low
HK$326.00
Volume
18,537,726
Avg. Vol
24,558,122
52-wk High
HK$476.60
52-wk Low
HK$305.20

Latest Key Developments (Source: Significant Developments)

Tencent Holdings Announces Share Repurchase On 20 Sept 2018
Thursday, 20 Sep 2018 07:43am EDT 

Sept 20 (Reuters) - Tencent Holdings Ltd <0700.HK>::122,000 SHARES REPURCHASED ON 20 SEPTEMBER 2018 FOR HK$39.5 MILLION.  Full Article

Tencent Holdings Announces Share Repurchase On Sept 19
Wednesday, 19 Sep 2018 07:05am EDT 

Sept 19 (Reuters) - Tencent Holdings Ltd <0700.HK>::REPURCHASES 120,000 SHARES AT HK$38.8 MILLION ON SEPT 19.  Full Article

Tencent Investment Executive Jonathan Lai Leaves To Join Coatue- WSJ
Tuesday, 18 Sep 2018 06:20pm EDT 

Sept 18 (Reuters) - :TENCENT INVESTMENT EXECUTIVE JONATHAN LAI LEAVES TO JOIN COATUE-WSJ.  Full Article

Tencent Holdings Co Repurchased 125,000 Shares At HK$39.5 Mln On Sept 18
Tuesday, 18 Sep 2018 08:16am EDT 

Sept 18 (Reuters) - Tencent Holdings Ltd <0700.HK>::CO REPURCHASED 125,000 SHARES AT HK$39.5 MILLION ON SEPT 18.  Full Article

Tencent Holdings Announces Share Repurchase On Sept 17
Monday, 17 Sep 2018 08:26am EDT 

Sept 17 (Reuters) - Tencent Holdings Ltd <0700.HK>::118,000 SHARES REPURCHASED ON 17 SEPTEMBER FOR HK$37.9 MILLION.  Full Article

Brave Bison Announces Distribution Partnership With Tencent Holdings Ltd
Thursday, 6 Sep 2018 02:01am EDT 

Sept 6 (Reuters) - Brave Bison Group Plc::AGREED DISTRIBUTION PARTNERSHIP WITH CHINESE CONGLOMERATE TENCENT HOLDINGS LIMITED.WILL BE SUPPLYING TENCENT WITH LICENSED VIDEO CONTENT FROM WESTERN-BASED CREATORS SUITABLE FOR CHINESE AUDIENCE.  Full Article

Nio Inc Sees U.S. IPO Of Upto 160.0 Mln ADSS Priced Between $6.25 And $8.25 Per ADS
Tuesday, 28 Aug 2018 01:49pm EDT 

Aug 28 (Reuters) - Nio Inc::NIO INC SEES U.S. IPO OF UPTO 160.0 MILLION ADSS PRICED BETWEEN US$6.25 AND US$8.25 PER ADS - SEC FILING.NIO INC SAYS TENCENT WILL OWN ALL OF ISSUED CLASS B ORDINARY SHARES, WILL BE ABLE TO EXERCISE ABOUT 21.5% OF TOTAL VOTING POWER OF ISSUED, OUTSTANDING SHARE CAPITAL.NIO INC SAYS CEO BIN LI WILL BE ABLE TO EXERCISE ABOUT 48.3% OF TOTAL VOTING POWER IN CO'S SHARE CAPITAL.NIO INC SAYS HILLHOUSE ENTITIES WILL BE ABLE TO EXERCISE 2.7 PERCENT TOTAL VOTING POWER IN CO'S SHARE CAPITAL POST IPO.  Full Article

Cosmo Lady China Holdings Co Says Tenpay Technology Co & Guangdong Cosmo Lady Enter Cooperation Deal
Friday, 17 Aug 2018 09:29am EDT 

Aug 17 (Reuters) - Cosmo Lady China Holdings Co Ltd <2298.HK>::TENPAY TECHNOLOGY CO & GUANGDONG COSMO LADY ENTERED COOPERATION DEAL.  Full Article

Spotify Technology S.A. Qtrly Loss Per Share Eur 2.20
Thursday, 26 Jul 2018 07:00am EDT 

July 26 (Reuters) - Spotify Technology Sa ::SPOTIFY TECHNOLOGY S.A. ANNOUNCES FINANCIAL RESULTS FOR SECOND QUARTER 2018.SEES Q3 REVENUE UP 17 TO 36 PERCENT.SEES Q4 REVENUE EUR 1.35 BILLION TO EUR 1.55 BILLION.SEES Q3 REVENUE EUR 1.2 BILLION TO EUR 1.4 BILLION.SEES Q4 REVENUE UP 18 TO 35 PERCENT.Q2 REVENUE EUR 1.273 BILLION VERSUS I/B/E/S VIEW EUR 1.27 BILLION.AVERAGE REVENUE PER USER ("ARPU") WAS EUR 4.89 IN Q2, DOWN 12% Y/Y AND UP 4% Q/Q.AD-SUPPORTED REVENUE WAS EUR 123 MILLION IN Q2, UP 20% Y/Y.FOR Q3 CO EXPECTING OPERATING LOSS EUR 10 MILLION -EUR 90 MILLION.QTRLY LOSS PER SHARE EUR 2.20.FOR Q3, CO EXPECTING GROSS MARGIN: 23.7% -25.7%.FINISHED QUARTER WITH 180 MILLION MAU AND 83 MILLION PREMIUM SUBSCRIBERS, UP 30% AND 40% RESPECTIVELY.SEES Q3 TOTAL MONTHLY ACTIVE USERS ("MAU") 188-193 MILLION, UP 25-29% Y/Y.SEES Q3 TOTAL PREMIUM SUBSCRIBERS 85-88 MILLION, UP 36-43% Y/Y.SEES Q4 TOTAL MONTHLY ACTIVE USERS ("MAU") 199-207 MILLION, UP 24-30% Y/Y.FOR Q4, CO ARE EXPECTING OPERATING LOSS EUR 20 MILLION -EUR 100 MILLION.SEES Q4 TOTAL PREMIUM SUBSCRIBERS 93-97 MILLION, UP 30-37% Y/Y.FOR Q4, CO EXPECTING GROSS MARGIN 24.5% - 26.5%.EXPECT PROGRAMMATIC AND SELF-SERVE PRODUCTS TO BECOME A "SIGNIFICANT" PORTION OF AD-SUPPORTED REVENUE.QTRLY GROSS MARGIN OF 25.8%."DURING Q2, WE IMPLEMENTED A NEW DATA POLICY WHICH SLOWED OUR REVENUE GROWTH".SPOTIFY - "TME IPO WOULD TRIGGER A FAIR MARKET VALUE ADJUSTMENT TO THE CARRYING VALUE OF OUR INVESTMENT RECOGNIZED IN OTHER COMPREHENSIVE INCOME".  Full Article

Tencent Music Entertainment And ZRTG To "Deepen" Commitment To Upgrading Content & Distribution Channels
Thursday, 7 Jun 2018 07:45am EDT 

June 7 (Reuters) - Tencent Holdings Ltd <0700.HK>::TENCENT MUSIC ENTERTAINMENT AND ZRTG STRENGTHEN THEIR NEW THREE-YEAR STRATEGIC PARTNERSHIP.TENCENT MUSIC ENTERTAINMENT - CO, ZHEJIANG RADIO & TV GROUP TO "DEEPEN" COMMITMENT TO UPGRADING CONTENT & DISTRIBUTION CHANNELS OF BOTH PLATFORMS.  Full Article

French handbag maker Longchamp to invest in China to revive sales

PARIS, Sept 21 Longchamp, one of France's leading handbag makers, is increasing its presence in China and the United States to boost its sales, its CEO said, betting on celebrity tie-ups and its online platforms to revive sluggish growth.