Edition:
India

Tencent Holdings Ltd (0700.HK)

0700.HK on Hong Kong Stock

337.60HKD
20 Sep 2019
Change (% chg)

HK$-0.80 (-0.24%)
Prev Close
HK$338.40
Open
HK$340.80
Day's High
HK$340.80
Day's Low
HK$334.20
Volume
19,281,922
Avg. Vol
16,204,136
52-wk High
HK$400.40
52-wk Low
HK$251.40

Latest Key Developments (Source: Significant Developments)

Bitauto Announces Formation Of Special Committee To Consider "Going Private" Proposal
Thursday, 19 Sep 2019 

Sept 19 (Reuters) - Bitauto Holdings Ltd ::BITAUTO ANNOUNCES FORMATION OF SPECIAL COMMITTEE TO CONSIDER "GOING PRIVATE" PROPOSAL.BITAUTO HOLDINGS LTD - NO DECISIONS HAVE BEEN MADE WITH RESPECT TO COMPANY'S RESPONSE TO TRANSACTION..BITAUTO HOLDINGS LTD - SPECIAL COMMITTEE HAS RETAINED SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP AS ITS U.S. LEGAL COUNSEL.BITAUTO - FORMED SPECIAL COMMITTEE CONSISTING OF THREE INDEPENDENT DIRECTORS TO CONSIDER PREVIOUSLY ANNOUNCED PRELIMINARY GOING PRIVATE PROPOSAL.  Full Article

Tencent Holdings Repurchased 110,000 Shares On Sept 18 For Hk$37.7 Mln
Wednesday, 18 Sep 2019 

Sept 18 (Reuters) - Tencent Holdings Ltd <0700.HK>::REPURCHASED 110,000 SHARES ON SEPT 18 FOR HK$37.7 MILLION.  Full Article

Nio Announces $200 Million Private Placement Of Convertible Notes
Thursday, 5 Sep 2019 

Sept 5 (Reuters) - Nio Inc ::NIO ANNOUNCES US$200 MILLION PRIVATE PLACEMENT OF CONVERTIBLE NOTES.TENCENT AND BIN LI WILL EACH SUBSCRIBE FOR $100 MILLION PRINCIPAL AMOUNT OF CONVERTIBLE NOTES, EACH IN TWO EQUALLY SPLIT TRANCHES.NOTES ISSUED IN FIRST TRANCHE WILL MATURE IN 360 DAYS, BEAR NO INTEREST, AND REQUIRE COMPANY TO PAY A PREMIUM AT 2% OF PRINCIPAL AMOUNT AT MATURITY.NOTES ISSUED IN SECOND TRANCHE WILL MATURE IN THREE YEARS, BEAR NO INTEREST, AND REQUIRE COMPANY TO PAY A PREMIUM AT 6% OF PRINCIPAL AMOUNT AT MATURITY.  Full Article

TransPerfect And Tencent Announce Cloud Partnership And GlobalLink Technology Agreement
Tuesday, 3 Sep 2019 

Sept 3 (Reuters) - TRANSPERFECT: :TRANSPERFECT AND TENCENT ANNOUNCE CLOUD PARTNERSHIP AND GLOBALLINK TECHNOLOGY AGREEMENT.  Full Article

Tencent Holdings Qtrly Profit Attributable Rmb 24,136 Mln
Wednesday, 14 Aug 2019 

Aug 14 (Reuters) - Tencent Holdings Ltd <0700.HK>::QTRLY REVENUES RMB 88,821 MILLION VERSUS RMB73,675 MILLION.QTRLY PROFIT ATTRIBUTABLE RMB 24,136 MILLION VERSUS RMB 17,867 MILLION.AS AT 30 JUNE, COMBINED MAU OF WEIXIN AND WECHAT 1,132.7 MILLION VERSUS 1,057.7 MILLION A YEAR AGO.QTRLY SMART PHONE GAMES REVENUES AMOUNTED TO RMB22.2 BILLION, UP 26% YEAR-ON-YEAR.QTRLY REVENUES FROM ONLINE ADVERTISING BUSINESS RMB 16,409 MILLION VERSUS RMB 14,110 MILLION."WE ARE IN EARLY STAGES OF IMPLEMENTING SEASON PASSES FOR SEVERAL OF OUR KEY TITLES"."WE REMAIN FOCUSED ON RISK MANAGEMENT OF OUR FINTECH BUSINESSES TO SUSTAIN OUR LONG-TERM PLATFORM GROWTH".FOR ONLINE ADVERTISING, EXPECT NEGATIVE IMPACT FROM CURRENT BUSINESS ENVIRONMENT WILL PERSIST IN THE SECOND HALF OF 2019.  Full Article

GIC Private Ltd And Tencent's Long Positions In Weimob Increase - HKEx
Wednesday, 31 Jul 2019 

July 31 (Reuters) - Hong Kong Exchange ::FILING SHOWS GIC PRIVATE LIMITED BUYS 72 MILLION SHARES IN WEIMOB INC <<<2013.HK>>> AT AVERAGE PRICE OF HK$4.60 PER SHARE ON JULY 26 .FILING SHOWS GIC PRIVATE LIMITED'S LONG POSITION AT WEIMOB INCREASES TO 9.46% FROM 7.08% AFTER TRANSACTION FILING.FILING SHOWS TENCENT HOLDINGS LTD'S <<<0700.HK>>> LONG POSITION AT WEIMOB RISES TO 8.99% FROM 7.73% ON JULY 26.  Full Article

Douyu International Holdings ADSs Open 4.2% Below IPO Price In Debut
Wednesday, 17 Jul 2019 

July 17 (Reuters) - Douyu International Holdings::DOUYU INTERNATIONAL HOLDINGS ADSS OPEN AT $11.02 IN DEBUT ON THE NASDAQ VERSUS IPO PRICE OF $11.50/ADS.  Full Article

Mirriad Advertising Says 2019 Revenue To Be Substantially Greater Than In 2018
Friday, 5 Jul 2019 

July 5 (Reuters) - Mirriad Advertising PLC ::MIRRIAD TRADING UPDATE.ANTICIPATES NEW CONTRACT WITH TENCENT, WITH OTHER RECENT ACTIVITY, WILL RESULT IN 2019 REVENUE EXCEEDING THAT RECORDED IN 2017.2019 REVENUE WILL ALSO BE SUBSTANTIALLY GREATER THAN REVENUES IN 2018.NOW EXPECTS MINIMUM REVENUES OF £1.1 MILLION IN 2019 AND £2.2 MILLION IN 2020.  Full Article

PUBG Corporation Names Glen Schofield As Head Of New Studio, Striking Distance
Wednesday, 26 Jun 2019 

June 26 (Reuters) - PUBG Corporation::PUBG CORPORATION NAMES GLEN SCHOFIELD AS HEAD OF NEW STUDIO, STRIKING DISTANCE.PUBG CORPORATION - SCHOFIELD COMES TO PUBG CORPORATION FROM SLEDGEHAMMER GAMES.  Full Article

China's WeDoctor Shelves Overseas Listing Over Data Concerns - FT
Thursday, 20 Jun 2019 

June 19 (Reuters) - :CHINA’S WEDOCTOR SHELVES OVERSEAS LISTING OVER DATA CONCERNS - FT.  Full Article

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Cloud and clear: Tencent draws on gaming tech to lift B2B cloud ambitions

SHENZHEN, China/SHANGHAI Tech giant Tencent Holdings Ltd plans to leverage its strengths in video games and social media to grab market share in China's burgeoning cloud computing sector from incumbent Alibaba, the head of its cloud unit told Reuters.