Edition:
United States

Tencent Holdings Ltd (0700.HK)

0700.HK on Hong Kong Stock

410.00HKD
15 Jun 2018
Change (% chg)

HK$-2.00 (-0.49%)
Prev Close
HK$412.00
Open
HK$416.00
Day's High
HK$417.00
Day's Low
HK$408.40
Volume
23,180,404
Avg. Vol
30,476,559
52-wk High
HK$476.60
52-wk Low
HK$260.40

Latest Key Developments (Source: Significant Developments)

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

Dhc Software Says Tencent's Affiliate To Invest 1.27 Bln Yuan In Firm Formed By Co' Shareholders
Sunday, 27 May 2018 08:49pm EDT 

May 28 (Reuters) - Dhc Software Co Ltd <002065.SZ>::SAYS TENCENT'S SOFTWARE AFFILIATE AGREES TO INVEST 1.27 BILLION YUAN ($198.74 million) IN SOFTWARE FIRM FORMED BY CO' THREE CONTROLLING SHAREHOLDERS.  Full Article

Shenzhen Sunline Tech In Discussion With Tencent On Cooperation, possible stake sale
Monday, 9 Apr 2018 12:27am EDT 

April 9 (Reuters) - Shenzhen Sunline Tech Co Ltd <300348.SZ>::SAYS IT SIGNS LETTER OF INTENT WITH TENCENT ON FINANCIAL CLOUD-RELATED COOPERATIONS.SAYS CONTROLLING SHAREHOLDER IN DISCUSSION TO SELL PARTIAL STAKE IN THE COMPANY TO TENCENT, TRADING IN SHARES SUSPENDED FROM APRIL 9.  Full Article

Tencent's President Martin Lau Sells 1 Mln Shares At An Average Price Of HK$434.3624/Share On March 27
Wednesday, 28 Mar 2018 05:49am EDT 

March 28 (Reuters) - Tencent Holdings Ltd <0700.HK>::PRESIDENT MARTIN LAU SELLS 1 MILLION SHARES IN THE COMPANY AT AN AVERAGE PRICE OF HK$434.3624 A SHARE - HKEX FILING.  Full Article

Naspers Says ‍To Sell Up To 190 Million Tencent Shares
Thursday, 22 Mar 2018 04:45am EDT 

March 22 (Reuters) - Naspers Ltd ::TO SELL UP TO 190 MILLION TENCENT SHARES, EQUAL TO 2% OF TENCENT'S TOTAL ISSUED SHARE CAPITAL, REDUCING STAKE IN TENCENT FROM 33,2% TO 31,2%​.‍TENCENT SALE SHARES WILL BE OFFERED TO INSTITUTIONAL INVESTORS GLOBALLY​.‍BANK OF AMERICA MERRILL LYNCH, CITIGROUP AND MORGAN STANLEY APPOINTED JOINT GLOBAL-COORDINATORS AND JOINT BOOK-RUNNERS TO MANAGE TRANSACTION​.‍BOOKS ARE OPEN NOW AND ARE EXPECTED TO CLOSE PRIOR TO HONG KONG MARKET OPENING​.‍FUNDS FROM OFFERING WILL BE INVESTED OVER TIME TO ACCELERATE GROWTH OF CLASSIFIEDS, ONLINE FOOD DELIVERY AND FINTECH BUSINESSES​.  Full Article

Tencent Holdings Qtrly Profit Attributable Rmb 20,797 Mln Vs Rmb 10,529 Mln
Wednesday, 21 Mar 2018 04:53am EDT 

March 21 (Reuters) - Tencent Holdings Ltd <0700.HK>::QTRLY REVENUES FROM ONLINE ADVERTISING BUSINESS RMB‍12,361​ MILLION VERSUS RMB 8,288 MILLION.QTRLY REVENUE RMB ‍66,392​ MILLION VERSUS RMB 43,864 MILLION.QTRLY PROFIT ATTRIBUTABLE RMB 20,797 MILLION VERSUS RMB 10,529 MILLION.FINAL DIVIDEND OF HKD0.88 PER SHARE.AS AT DEC 31 2017, COMBINED MAU OF WEIXIN AND WECHAT IS ‍988.6​ MILLION.‍MADE IMPAIRMENT PROVISION OF RMB671 MILLION AGAINST CARRYING AMOUNTS OF CERTAIN AVAILABLE-FOR-SALE FINANCIAL ASSETS DURING YEAR ENDED 31 DEC​.  Full Article

Cheetah Mobile Announces Changes To The Board Of Directors
Tuesday, 13 Mar 2018 06:00am EDT 

March 13 (Reuters) - Cheetah Mobile Inc ::CHEETAH MOBILE ANNOUNCES CHANGES TO THE BOARD OF DIRECTORS.CHEETAH MOBILE INC - JUN LEI HAS TENDERED HIS RESIGNATION AS CHAIRMAN AND A MEMBER OF BOARD.CHEETAH MOBILE INC - LEI WILL REMAIN AS AN ADVISOR TO CHEETAH MOBILE GOING FORWARD.CHEETAH MOBILE INC - FU SHENG, CHEETAH MOBILE'S CEO, WILL SUCCEED LEI AS CHAIRMAN OF BOARD.CHEETAH MOBILE INC - BOARD HAS APPOINTED NING ZHANG, TIANYANG ZHAO AND YI MA EACH AS AN INDEPENDENT DIRECTOR.CHEETAH MOBILE INC - BOARD NOW CONSISTS OF ELEVEN MEMBERS, SIX OF THEM ARE INDEPENDENT.CHEETAH MOBILE INC - BOARD HAS ALSO APPOINTED RUI HAO, WHO SERVES AS A TENCENT INVESTMENT'S EXECUTIVE DIRECTOR, AS A DIRECTOR.  Full Article

Atomwise Raises $45 Mln Of Growth Funding
Wednesday, 7 Mar 2018 07:45am EST 

March 7 (Reuters) - Tencent Holdings Ltd <0700.HK>::ATOMWISE RAISES $45 MILLION SERIES A TO BECOME THE PREFERRED ARTIFICIAL INTELLIGENCE PARTNER FOR THE GLOBAL PHARMACEUTICAL INDUSTRY.ATOMWISE - RAISED $45 MILLION OF GROWTH FUNDING, LED BY MONSANTO GROWTH VENTURES, DCVC, AND B CAPITAL GROUP.ATOMWISE - NEW INVESTORS IN SERIES A FINANCING INCLUDE BAIDU VENTURES, TENCENT, AND DOLBY FAMILY VENTURE VENTURES.  Full Article

People.cn To Set Up JV With Beijing Gehua, Tencent's Affiliate
Friday, 2 Mar 2018 06:08am EST 

March 2 (Reuters) - People.cn Co Ltd <603000.SS>::SAYS IT PLANS TO SET UP JV WITH REGISTERED CAPITAL OF ABOUT 75 MILLION YUAN ($11.83 million) WITH PARTNERS INCLUDING BEIJING GEHUA CATV NETWORK <<<600037.SS>>>, TENCENT'S AFFILIATE FOR SHORT VIDEO MAKING PROJECTS.  Full Article

Carrefour CFO says negative forex, further depreciations to weigh on 2018 profitability
Wednesday, 28 Feb 2018 12:56pm EST 

Feb 28 (Reuters) - Carrefour CFO Matthieu Malige tells analysts: :CFO SAYS CARREFOUR STRARTING 2018 WITH VERY NEGATIVE FOREX EFFECT in BRAZIL .CFO SAYS THINGS ARE PROGRESSING SMOOTHLY REGARDING FINALISATION OF DEAL WITH CHINA'S TENCENT.CFO SAYS NEGATIVE FOREX AND FURTHER DEPRECIATIONS TO WEIGH ON 2018 PROFITABILITY.CFO SAYS 2018 WILL SEE FIRST GAINS OF COST SAVINGS PLAN AS WELL AS FIRST INVESTMENTS IN PRICE COMPETITIVENESS.CFO SAYS WILL NOT DISCUSS CONSENSUS OF ANALYSTS REGARDING 2018 EBIT.  Full Article

Singapore-based Sea prices $500 mln notes issue

June 14 Singapore-based online gaming and e-commerce company Sea Ltd on Thursday priced $500 million convertible senior notes due 2023 and said it expects an affiliate of Tencent Holdings to buy up to $50 million of the offering.