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Pei Li

Tencent seeks $6 billion in bond sale as protests hit Hong Kong

27 May 2020

HONG KONG Chinese technology giant Tencent kicked off its offer of bonds worth up to $6 billion in Hong Kong on Wednesday, launching the sale even as riot police fired pepper spray to disperse protesters in the city's central business district.

Tencent to invest $70 billion in 'new infrastructure'

26 May 2020

HONG KONG Chinese tech giant Tencent Holdings will invest 500 billion yuan ($70 billion) over the next five years in technology infrastructure including cloud computing, artificial intelligence and cybersecurity, the company said Tuesday.

Tencent plans to sell billions of dollars in bonds globally

26 May 2020

HONG KONG Chinese social media and gaming giant Tencent Holdings is testing the market's appetite for a U.S. dollar bond deal it plans to offer, according to a term sheet reviewed by Reuters.

Tencent plans to sell billions of dollars in bonds globally

26 May 2020

HONG KONG Chinese social media and gaming giant Tencent Holdings is testing the market's appetite for a U.S. dollar bond deal it plans to offer, according to a term sheet reviewed by Reuters.

UPDATE 1-Tencent plans to sell billions of dollars in bonds globally

26 May 2020

* Plans to use proceeds for general corporate purposes (Adds details on investor calls)

Lenovo profit beats estimates, sees growth as more people work from home

20 May 2020

HONG KONG Lenovo Group , the world's biggest maker of personal computers, reported a deep slump in fourth-quarter profit due to disruptions caused by the coronavirus crisis, although the result was far better than expectations.

China's Tencent wins on lockdown gaming boom

14 May 2020

HONG KONG High demand for video games during COVID-19 lockdowns buoyed Tencent Holdings' first-quarter revenue and profits, with blockbuster games PlayerUnknown's Battlegrounds Mobile and Honor of Kings helping it beat forecasts.

Tencent Music misses quarterly revenue estimates, signals better second quarter

12 May 2020

China's Tencent Music Entertainment narrowly missed market estimates for quarterly revenue on Monday as the COVID-19 crisis hurt the company's social entertainment services business, sending its shares down 4.5% in extended trade overnight.

Sony suspends PlayStation Store in mainland China to upgrade security

11 May 2020

HONG KONG Sony has suspended its PlayStation Store in mainland China saying it wanted to improve the online store's security, in a move that will temporarily prevent it from selling games in the world's largest video game market.

World News