Streetbeat News

TCEHY

Tencent Holdings Ltd.

https://www.tencent.com/

CEO

Huateng Ma

Employees

116,213

Tencent Holdings Ltd. is a Chinese multinational technology and entertainment conglomerate and holding company headquartered in Shenzhen. It is one of the highest grossing multimedia companies in the world based on revenue. It is also the largest company in the video game industry in the world based on its investments, with Tencent Games being the subdivision of Tencent Interactive Entertainment Group (IEG) focused on publishing of games.

Open

67.59

Mkt cap

619B

Volume

High

68.42

P/E Ratio

30.93

52-wk high

69.99

Low

67.59

Div yield

0.01

52-wk low

36.24

The Zacks Analyst Blog discusses major Chinese tech companies Tencent, Alibaba, Baidu, JD.com, and PDD Holdings, highlighting their significance in the market.

Portfolio Pulse from

March 03, 2025 | 8:00 am

Tencent Holdings has launched Hunyuan Turbo S, a new AI model designed for instant responses, as it competes in the US-China tech race against DeepSeek's deep reasoning approach.

Portfolio Pulse from

February 28, 2025 | 9:00 am

Tencent has launched a new AI model that reportedly answers queries faster than the popular DeepSeek-R1. This move highlights Tencent's efforts to compete with both domestic and international AI models.

Portfolio Pulse from

February 27, 2025 | 10:45 am

Tencent is considered a 'Buy' due to its strong economic moat, growth prospects, and reasonable valuation. China's improving macroeconomic outlook and Tencent's solid Q3 2024 results, with significant revenue and profit growth, suggest a potential long-term bull market.

Portfolio Pulse from

February 23, 2025 | 8:30 am

The Hang Seng Index saw mixed performances among AI stocks, with Tencent surging and Baidu dropping ahead of its earnings report. Asian markets showed varied trends, with the Hang Seng rebounding due to AI strength, the Nikkei rising on positive GDP data, and the ASX 200 declining amid uncertainty over RBA rate cuts.

Portfolio Pulse from

February 17, 2025 | 5:45 am

Tencent's shares are set to rise by 6.6% following the announcement that its Weixin messaging app has begun beta testing with Deepseek, a Chinese AI start-up.

Portfolio Pulse from

February 17, 2025 | 2:00 am

Tencent's Weixin app is beta testing a search function with DeepSeek, marking a significant step in integrating AI technology. This move highlights Tencent's efforts to stay competitive in the AI space.

Portfolio Pulse from

February 16, 2025 | 9:30 am

Jinxin Technology Holding Company (Nasdaq: NAMI) has announced a strategic partnership with Tencent Cloud and Sichuan Education Press to develop AI-powered learning solutions for K-12 students. This collaboration aims to enhance digital education through advanced AI technologies.

Portfolio Pulse from

February 13, 2025 | 11:15 am

Tencent has won a copyright infringement case in a U.S. district court, receiving nearly $85 million in compensation from Unblock Tech and other distributors for violating video content copyrights.

Portfolio Pulse from

February 13, 2025 | 6:15 am

Ubisoft has reduced its 2024-2025 fiscal year guidance due to management issues and game launch delays, including Assassin's Creed Shadows. Tencent is a potential buyer for Ubisoft, with advisors appointed, suggesting the deal is progressing. This acquisition could boost Tencent's gaming revenue by RMB 4bn.

Portfolio Pulse from

January 13, 2025 | 9:30 am

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