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Tencent Holdings Ltd (0700.HK)

0700.HK on Hong Kong Stock

381.40HKD
16 Jul 2018
Change (% chg)

HK$0.40 (+0.10%)
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Latest Key Developments (Source: Significant Developments)

Tencent Holdings Says Got Approval From Hong Kong Stock Exchange For Online Music Business Spin-off
Sunday, 8 Jul 2018 

July 8 (Reuters) - Tencent Holdings Ltd <0700.HK>::TENCENT HOLDINGS SAYS GOT APPROVAL FROM HONG KONG STOCK EXCHANGE TO PROCEED WITH SPIN-OFF OF ITS ONLINE MUSIC ENTERTAINMENT BUSINESS.TENCENT HOLDINGS SAYS TERMS OF PROPOSED MUSIC BUSINESS SPIN-OFF, INCLUDING SIZE OF OFFERING FOR LISTING ON A U.S. STOCK EXCHANGE, HAVE NOT BEEN FINALISED.  Full Article

Tencent Holdings To Issue New Shares Under Share Award Scheme
Friday, 6 Jul 2018 

July 6 (Reuters) - Tencent Holdings Ltd <0700.HK>::RESOLVED TO ISSUE 17.2 MILLION NEW SHARES DURING PERIOD FROM AUGUST 2017 TO JUNE 2018 UNDER SHARE AWARD SCHEME ON JULY 6.  Full Article

Nokia And Tencent Sign Agreement To Develop 5G Applications
Thursday, 5 Jul 2018 

July 5 (Reuters) - Nokia Oyj ::NOKIA AND TENCENT SIGN AGREEMENT TO ACCELERATE 5G WEBSCALE RESEARCH AND APPLICATIONS TO BENEFIT BILLIONS OF INTERNET USERS IN CHINA.SAYS TO DEVELOP NEW 5G APPLICATIONS WHILE EXPLORING 5G'S POTENTIAL IN TRANSPORTATION, FINANCE, ENERGY, INTELLIGENT MANUFACTURING AND ENTERTAINMENT.SAYS JOINT LAB TO BE ESTABLISHED IN SHENZHEN FOR DEVELOPMENT AND END-TO-END TESTING.SAYS STRATEGIC FRAMEWORK AGREEMENT SIGNED AT MOBILE WORLD CONGRESS SHANGHAI 2018 JULY 5.  Full Article

Axion Launches 'Rising Fire' With Tencent in China
Tuesday, 3 Jul 2018 

July 3 (Reuters) - Tencent Holdings Ltd <0700.HK>::AXION VENTURES - ANNOUNCES COMMERCIAL LAUNCH OF CO'S SELF TITLE 'RISING FIRE' IN CHINA THROUGH TENCENT HOLDING LIMITED'S DISTRIBUTION NETWORK 'WEGAME'.AXION VENTURES - EXPECTS TENCENT TO DISTRIBUTE 'RISING FIRE' IN A STAGED MANNER TO ABOUT 1.5 MILLION ACTIVE WEGAME USERS IMMEDIATELY.AXION - ALSO EXPECTS TENCENT TO DISTRIBUTE 'RISING FIRE' IN A STAGED MANNER TO ABOUT 15 MILLION USERS BY MID-JULY, AND UP TO 100 MILLION USERS BY MID-AUGUST.  Full Article

Shenzhen Comix Group signs strategic agreement with Tencent Cloud and Beijing Jingdong Century Trading
Friday, 29 Jun 2018 

June 29 (Reuters) - Shenzhen Comix Group Co Ltd <002301.SZ> ::Says it signs strategic agreement with Tencent Cloud and Beijing Jingdong Century Trading Co Ltd in smart office business .  Full Article

China's Meituan-Dianping Files IPO Prospectus
Monday, 25 Jun 2018 

June 25 (Reuters) - MEITUAN-DIANPING ::CHINA'S MEITUAN-DIANPING FILES IPO PROSPECTUS.NAMES BANK OF AMERICA MERRILL LYNCH, GOLDMAN SACHS, AND MORGAN STANLEY AS JOINT SPONSORS TO IPO.FY 2017 REVENUE RMB33.93 BILLION VERSUS RMB12.99BLN.FY 2017 LOSS FOR THE YEAR RMB 18.99 BILLION VERSUS LOSS OF RMB5.79 BILLION.FOOD DELIVERY BUSINESS GROSS MARGIN WAS 8.1 PERCENT IN 2017.  Full Article

Tencent's Technology Affiliate Plans To Invest In Shijiazhuang Changshan Beiming Technology
Tuesday, 5 Jun 2018 

June 5 (Reuters) - Shijiazhuang Changshan Beiming Technology Co Ltd <000158.SZ>::SAYS TENCENT'S TECHNOLOGY AFFILIATE PLANS TO INVEST UP TO 300 MILLION YUAN ($46.86 million) IN THE COMPANY FOR 2-3 PERCENT STAKE.  Full Article

Tencent Holdings Ltd Qtrly Profit Attributable RMB23,290 Mln
Wednesday, 16 May 2018 

May 16 (Reuters) - Tencent Holdings Ltd <0700.HK>::QTRLY REVENUES RMB 73,528 MILLION VERSUS RMB49,552 MILLION.QTRLY PROFIT ATTRIBUTABLE RMB 23,290 MILLION VERSUS RMB 14,476 MILLION.QTRLY REVENUES FROM ONLINE ADVERTISING BUSINESS RMB 10,689 MILLION.WEIXIN AND WECHAT COMBINED MAU WAS 1,040.0 MILLION AS AT MARCH 31.DELAY IN CHINA MONETIZATION AND HEAVY MARKETING EXPENSES IS EXPECTED TO IMPACT MOBILE GAMES REVENUES IN SHORT TERM.  Full Article

Ubtech Robotics Says Completed Series C Investment Of $820 Mln With Market Valuation Of $5 Bln
Friday, 4 May 2018 

May 4 (Reuters) - Tencent Holdings Ltd <0700.HK>::UBTECH ROBOTICS SAY COMPLETION OF SERIES C INVESTMENT TOTALING $820 MILLION WITH A MARKET VALUATION OF $5 BILLION.UBTECH ROBOTICS, A COMPANY INVOLVED WITH INTELLIGENT HUMANOID ROBOTS, SAYS THE $820 MILLION SERIES C INVESTMENT WAS LED BY TENCENT.  Full Article

Tencent Music Entertainment To File For IPO In Second Half Of 2018- WSJ
Monday, 23 Apr 2018 

April 22 (Reuters) - :TENCENT MUSIC PLANS TO INTERVIEW UNDERWRITING BANKS OVER MAY 2018; CO TO FILE FOR IPO POTENTIALLY IN SECOND HALF OF 2018- WSJ, CITING SOURCES.  Full Article

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Tencent seeks to list online music unit in U.S.

HONG KONG Chinese internet giant Tencent Holdings Ltd said it is looking to spin off and list its online music business, China's biggest music-streaming company, in the United States.