0700.HK - Tencent Holdings Limited
| Previous close | 334.800 |
| Open | 336.400 |
| Bid | 336.000 x 0 |
| Ask | 336.200 x 0 |
| Day's range | 333.800 - 340.000 |
| 52-week range | 198.600 - 416.600 |
| Volume | |
| Avg. volume | 21,508,120 |
| Market cap | 3.217T |
| Beta (5Y monthly) | 0.60 |
| PE ratio (TTM) | 15.78 |
| EPS (TTM) | 21.290 |
| Earnings date | 15 Aug 2023 - 21 Aug 2023 |
| Forward dividend & yield | 2.40 (0.72%) |
| Ex-dividend date | 19 May 2023 |
| 1y target est | 442.36 |
ZacksWhat Makes Tencent Holding Ltd. (TCEHY) a New Strong Buy Stock
Tencent Holding Ltd. (TCEHY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
- Financial Times
Hong Kong equities rally driven by internet stocks
Hong Kong equities notched their best daily gains in three months as short sellers closed out bets against Chinese internet groups and some investors snapped up shares on hopes that a protracted sell-off for China stocks was overdone. The sudden upswing for the Hang Seng index took it 4 per cent higher on Friday. The rally on Friday was led by Chinese internet stocks, with the Hang Seng Tech index jumping 5.3 per cent. Tencent and Alibaba closed 6 and 6.7 per cent higher in Hong Kong, respectively.
- Financial Times
‘Genshin Impact’ maker aims for Tencent’s China gaming crown
On the eve of last month’s launch of miHoYo’s latest online game, Honkai: Star Rail, employees at the Chinese gaming company worked late into the night. A space-travel anime game, Honkai: Star Rail is miHoYo’s second new title since the breakout success of Genshin Impact. How it performs will determine whether the Shanghai studio can establish an enduring role for itself as one of China’s top game developers in the face of competition from industry giants Tencent and NetEase.
Motley FoolElon Musk Wants to Build an "Everything App" -- but This Competitor May Have Already Done So
Like the times, Twitter is a-changin'. Elon Musk stirred controversy with his decision to charge $8 per month for the little blue checkmarks next to Twitter users' handles that in the past were only given to verified accounts. Musk tweeted in late 2022 that his purchase of Twitter was "an accelerant to creating X, the everything app."
PR Newswire AsiaTencent Underscores Commitment to IP and Innovation Amid 'Hyper Digital Reality' Showcase at INTA's 2023 Annual Meeting Live+
The recently concluded International Trademark Association's (INTA) 2023 Annual Meeting Live+ saw key partner Tencent participate in a series of intellectual property-related knowledge sharing and engagement sessions. Tencent's Head of Public Affairs and Global Policy, Danny Marti, spoke on the company's experience in creating and managing its robust intellectual property (IP) portfolio and working with its partners and other stakeholders to support a robust and effective IP ecosystem. Participa
ZacksTime for China Tech ETFs Despite Mixed-Bag Earnings?
Despite mixed earnings reports from Chinese tech giants like Baidu, Alibaba and Tencent, analysts remain optimistic about the future of China's tech sector.
Motley FoolWhere Will Tencent Stock Be in 5 Years?
Tencent (OTC: TCEHY) once seemed like a promising long-term play on China's booming tech sector. It's the world's largest video game publisher, and its top games dominate China's gaming market. It owns WeChat (also known as Weixin), the leading "super app" in China, which bundles together mobile messages, social networking tools, digital payments, online purchases, integrated games, and other features in a walled garden.
Motley FoolTencent (TCEHY) Q1 2023 Earnings Call Transcript
Image source: The Motley Fool. Tencent (OTC: TCEHY)Q1 2023 Earnings CallMay 17, 2023, 8:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Wendy Huang Good day and good evening.
- Investing.com
Target, TJX and EVgo fall premarket; Western Alliance and Tesla rise
Investing.com -- Stocks in focus in premarket trade on Wednesday, May 17th. Please refresh for updates.
ZacksUnity Software (U) to Post Q1 Earnings: What's in the Cards?
Unity Software's (U) Q1 performance is expected to have gained from steady demand for its software solutions. An expanding client base and robust product portfolio are positives.
ReutersGermany air taxi firm Lilium plans to raise $250 million, shares jump
Lilium's U.S.-listed shares surged 43.24% to $0.55 in premarket trading after the air taxi developer said the funds will enable cover "most of the estimated capital" for its first manned flight. Tencent-affiliate Aceville Pte Ltd will get 184.2 million Lilium warrants worth $1 per Class A share, Lilium said. Aceville will pre-fund $100 million of the aggregate exercise price of the warrants upon issuance and will contribute a further $75 million if Lilium raises the same amount through equity, debt or grants from some third parties.
Motley FoolBetter Buy: Alibaba vs. Tencent Stock
The last two years have been brutal for Chinese technology companies amid a series of challenges, including crackdowns by the Chinese government, COVID-19 lockdowns, and others. While most investors are steering clear of these companies, contrarians might see this as an opportunity to invest in top Chinese companies. Let's compare the top-two technology companies in China, Alibaba Group (NYSE: BABA) and Tencent (OTC: TCEHY), to find out which is a better buy.
Motley FoolThe 5 Cheapest Top AI Stocks on the Market Right Now
Interest in artificial intelligence (AI) is at a fever pitch. That's understandable, considering the string of AI advances rolled out in recent months. But there's a negative consequence of this fervor for investors: Share prices of several AI leaders have become considerably more expensive.
ZacksSNAP Integrates Ability to Fully Generate Images in AI Chatbot
SNAP integrates ability to create AI-generated images in its AI chatbot, as the social messaging app expands its work in AI technology.
Motley FoolIs Tencent Stock a Buy?
The last two years have been awful for Tencent Holdings Limited (OTC: TCEHY). Once a darling, the tech conglomerate's stock price almost halved from its peak of around $90 per share. Tencent's recent performance has been disappointing.
Motley Fool3 AI Stocks That Could Trounce Google and Microsoft
Author Kai-Fu Lee argues in the book, which was first published in 2018, "If data is the new oil, then China is the new Saudi Arabia." Lee knows a lot about artificial intelligence and China. Lee helped establish Microsoft's (NASDAQ: MSFT) research lab based in China.
ZacksIs the Worst Over for Chinese Tech Stocks & ETFs?
We discuss investing in technology & e-commerce companies in emerging markets.
Motley FoolWhy Alibaba, Trip.com, and Tencent Holdings Are No-Brainer Buys Right Now
Waiting for conclusive proof that China's economy has fully recovered could prove to be a major missed opportunity.
Motley FoolWhere Will Tencent Holdings Stock Be in 1 Year?
Tencent (OTC: TCEHY) posted its fourth-quarter earnings report on March 22. The Chinese tech giant's revenue rose 0.5% year over year to 145.0 billion yuan ($20.8 billion), which still missed the consensus forecast by half a billion yuan.
- Reuters SG
Singapore-based software startup Horizon Quantum Computing raises $18.1 mln
Singapore-based software startup Horizon Quantum Computing on Friday said it raised $18.1 million to expand its engineering team and speed up product development. The company, founded in 2018, created a programming language called Helium for quantum computers, designed to make it easier to tackle complex problems. Today to use quantum computers developers either have to program in terms of elementary operations, or instead rely on pre-written programs from other software makers, said Horizon Chief Executive Joe Fitzsimons.
- Reuters
South Korea's Krafton to acquire 10% of Polish video games maker PCF Group
Under the investment agreement signed by PCF Group and its biggest shareholder and CEO Sebastian Wojciechowski, Krafton will subscribe for newly issued shares in PCF Group at an issue price of 40.20 zlotys a share, a 9% premium to Tuesday's close. PCF Group shares jumped 9.9% to 40.4 zlotys at 0716 GMT. "For PCF, attracting an investor in the form of Krafton (creator of PUBG, among others) may positively translate into the quality and marketing of the games under development," Piotr Bogusz at Erste Group wrote in a note.
PR Newswire AsiaTencent Cloud Shines Spotlight on Affordable AAA Game Tech for Everyone at 2023 Game Developers Conference
Tencent Cloud today celebrates the success of its participation in the annual Game Developers Conference (GDC), highlighting its cutting-edge game technologies and one-stop solution that make AAA game tech accessible and affordable for game developers around the globe.
ZacksUnity Software (U) is Set to Release Generative AI Marketplace
Unity Software (U) is set to release a generative artificial intelligence (AI) marketplace for video game developers.
