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Tencent Holdings Ltd (0700.HK)

0700.HK on Hong Kong Stock

389.00HKD
15 Dec 2017
Change (% chg)

HK$-8.20 (-2.06%)
Prev Close
HK$397.20
Open
HK$392.40
Day's High
HK$394.60
Day's Low
HK$389.00
Volume
23,201,046
Avg. Vol
24,251,895
52-wk High
HK$439.60
52-wk Low
HK$179.60

Latest Key Developments (Source: Significant Developments)

Snap Inc says Tencent notified co it has acquired 145.8 mln shares of non-voting Class A common stock
Wednesday, 8 Nov 2017 06:36am EST 

Nov 8 (Reuters) - Snap Inc ::Says in Nov 2017, Tencent notified company it has acquired 145.8 million shares of non-voting Class A common stock of co via open market purchases‍​.On Nov 7, Tim Sehn notified co that he would resign as senior vice president of engineering, effective on Dec 1, 2017.Jerry Hunter, who is currently vice president of core engineering, will assume Sehn's responsibilities.On Nov 7, compensation committee of board appointed Lara Sweet, chief accounting officer, to serve as principal accounting officer.Andrew Vollero will continue to serve as chief financial officer and principal financial officer.  Full Article

China's Tencent takes a 10 pct stake in Snap - CNBC
Wednesday, 8 Nov 2017 06:16am EST 

Nov 8 (Reuters) - :China's Tencent takes a 10 percent stake in Snapchat parent Snap - CNBC.  Full Article

Tencent Holdings says listing of China Literature took place on 8 Nov​
Tuesday, 7 Nov 2017 11:00pm EST 

Nov 8 (Reuters) - Tencent Holdings Ltd <0700.HK>:Following completion of global offering, listing of China Literature on main board of stock exchange took place on 8 November​.  Full Article

Tencent announces proposed spin-off and separate listing of China Literature
Monday, 6 Nov 2017 07:34pm EST 

Nov 7 (Reuters) - Tencent Holdings Ltd <0700.HK>::‍Announces proposed spin-off and separate listing Of China Literature Limited on main board of Stock Exchange Of Hong Kong Ltd.‍Final offer price for china literature shares in global offering is HK$55.00 per China Literature Share​.‍Market capitalisation of China Literature following completion of global offering will be approximately HK$49,852.95 million​.‍China Literature is expected to be listed on main board of stock exchange on Wednesday, 8 November 2017​.  Full Article

‍Sogou Inc​ sees IPO of 45 mln ADS priced between $11.00 and $13.00 per ADS
Friday, 27 Oct 2017 04:53pm EDT 

Oct 27 (Reuters) - Tencent Holdings Ltd <0700.HK>:‍Sogou Inc​ sees IPO of 45 million American Depositary Shares priced between $11.00 and $13.00 per ADS - SEC filing.‍Sogou Inc​ - upon completion of offering, Sohu.com and Tencent Holdings Limited, and members of co's management will together have about 97.1% of total voting power.‍Sogou Inc​ - the about 97.1% of total voting power will be of combined total of co's outstanding Class A and Class B ordinary shares.  Full Article

GIC invested in Meituan-Dianping’S latest $4 bln financing round
Friday, 20 Oct 2017 12:23am EDT 

Oct 20 (Reuters) - GIC-:Invested in Meituan-Dianping’S latest US$4 billion financing round led by existing investor Tencent‍​.  Full Article

Healthwise to partner with Tencent for content in China
Tuesday, 17 Oct 2017 08:00am EDT 

Oct 17 (Reuters) - Tencent Holdings Ltd <0700.HK>:Healthwise and Tencent announced they will partner in offering health content from Healthwise to China's population​.  Full Article

Advance Data Services of Tencent chairman's foundation cuts stake in Tencent - HKEx filing
Tuesday, 17 Oct 2017 06:21am EDT 

Oct 17 (Reuters) - Tencent Holdings Ltd <0700.HK>:Says chairman Pony Ma's Huateng Global Foundation's Advance Data Services sells Tencent Shares during Oct 10-13 worth a total of HK$2.1 billion ($268.99 million) - HKEx filing.Says chairman Pony Ma's Ma Huateng Global Foundation's now owns 8.63 percent of Tencent after the transactions from 8.69 percent previously - HKEx filing.  Full Article

Tencent ‍updates on proposed spin-off and separate listing of China Literature
Monday, 16 Oct 2017 10:04am EDT 

Oct 16 (Reuters) - Tencent Holdings Ltd <0700.HK>:Updates on proposed spin-off and separate listing of china literature limited​.Determined basis of assured entitlement in preferential offering as 1 reserved share for integral multiple of 1,256 shares held​.  Full Article

China pushes for state stake in big Chinese tech firms- WSJ‍​‍​
Wednesday, 11 Oct 2017 06:02pm EDT 

Oct 11 (Reuters) - :Chinese government pushing some of China's big tech firms to give the state a stake in them and direct role in corporate decisions- WSJ‍​‍​.Chinese internet regulators discussed taking 1 percent stakes with Tencent Holdings, Weibo Corp and Alibaba's Youku Tudou - WSJ‍​‍​, citing sources.  Full Article

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Breakingviews - China's shared bikes will merge into car lane

HONG KONG (Reuters Breakingviews) - China’s shared bikes are ready to merge into the car lane. A slew of two-wheeled ventures have exhausted investor cash and municipal patience. Left standing will be market leaders Mobike and Ofo, both valued at over $1 billion. Instead of uniting in 2018, though, they will tie up with the likes of taxi app Didi Chuxing.