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United States

Sijia Jiang

Tencent profit beats on investment gain, no progress on China gaming

Nov 14 2018

HONG KONG Tencent beat third-quarter profit forecasts on Wednesday but gave no update on a regulatory block in China, the world's largest gaming market, that has damaged its core business.

UPDATE 1-Tencent profit beats estimates as investment gains offset gaming weakness

Nov 14 2018

HONG KONG, Nov 14 Tencent Holdings said on Wednesday its third-quarter net profit rose 30 percent, beating estimates, as investment gains offset a weak performance in the Chinese company's core gaming business.

RPT-Tencent's Q3 ad revenue in focus as games business slows on China crackdown

Nov 13 2018

HONG KONG, Nov 13 Tencent Holdings is expected to report a small rise in quarterly net profit on Wednesday, with a steady gain in advertising revenue helping offset a slump in its core gaming business caused by a prolonged regulatory crackdown.

Tencent's third-quarter ad revenue in focus as games business slows on China crackdown

Nov 13 2018

HONG KONG Tencent Holdings is expected to report a small rise in quarterly net profit on Wednesday, with a steady gain in advertising revenue helping offset a slump in its core gaming business caused by a prolonged regulatory crackdown. | Video

Tencent's Q3 ad revenue in focus as games business slows on China crackdown

Nov 13 2018

HONG KONG, Nov 13 Tencent Holdings is expected to report a small rise in quarterly net profit on Wednesday, with a steady gain in advertising revenue helping offset a slump in its core gaming business caused by a prolonged regulatory crackdown.

Premium PC business boosts Lenovo's quarterly profit

Nov 08 2018

HONG KONG Chinese PC maker Lenovo Group reported a 21 percent rise in second-quarter net profit, beating expectations, thanks to more premium computers it sold during the period.

Apple supplier AAC Tech third-quarter profit dives 29 percent

Nov 08 2018

HONG KONG AAC Technologies Holdings Inc, an acoustic components supplier to Apple Inc, on Thursday reported a drop of 28.7 percent to 973 million yuan ($140.38 million) in quarterly net profit, dented by lacklustre iPhone sales volume growth.

Apple supplier AAC Tech Q3 profit dives 29 pct

Nov 07 2018

HONG KONG, Nov 8 AAC Technologies Holdings Inc , an acoustic components supplier to Apple Inc , on Thursday reported a drop of 28.7 percent to 973 million yuan ($140.38 million) in quarterly net profit, dented by lacklustre iPhone sales volume growth.

Tencent to expand underage ID check to all games

Nov 05 2018

HONG KONG Tencent Holdings will expand an addiction-prevention system for underage gamers to all of its games, the company said on Monday, as the industry faces increased government scrutiny.

Tencent to shift focus to industry for future growth

Nov 01 2018

HONG KONG Chinese internet group Tencent Holdings plans to expand into providing services to industries such as healthcare and connected cars in a move to promote growth beyond its mainstay consumer business.

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