Chinese search engine Sogou confirmed Tuesday it would be taken private by tech giant Tencent, in a deal that values the US-listed firm at around $3.5 billion. The announcement comes a day after Chinese internet giant Sina Corp, parent company of the country’s Twitter-like platform Weibo, said it would be taken private. A growing number […]
$0700.HK #Tencent #HongKong #Stocks #Trading #Markets TencentTicker: 0700.HKPrice: HKD513.50 Company News Tencent Holdings Ltd. added to Friday’s sharp decline to start the week, putting the stock’s two-day loss of market value at $66 billion following America’s move to ban residents from doing business with the company’s WeChat app. The stock fell 4.8% Monday and nearly […]
$0700.HK #Tencent #HongKong #HSI #Stocks #Trading #OnlineServices TencentTicker: 0700.HKPrice: HKD546.50 Company News Tencent’s market capitalization has surpassed Facebook’s following a huge rally in the Chinese firm’s shares this year. The gaming and social media giant’s market cap stood at 5.15 trillion Hong Kong dollars ($664.50 billion) at around 3:07 p.m. Singapore time. Meanwhile, Facebook’s market […]
#tencent $tstzf #china #games #tech #strongbuy Tencent Games, the world-leading game development, publishing and operation platform, unveiled a new chapter in innovative gameplay and quality games with a roadmap of more than 40 game product updates, including new self-developed and licensed games with fan favorite intellectual property (IP). The announcement made at the Tencent Games […]
Tencent Holdings Ltd 0700.HK Target HKD$1000 Chinese internet giant Tencent said Thursday it had bought some assets of struggling Asian streaming service iflix, in a major expansion of its online video presence in the region. Western firms, led by Netflix, dominate streaming globally but companies from the world’s number two economy have been taking tentative […]
Tencent Holdings Limited (0700.HK) Huge Growth Potential Over the Next 10 Years In a recent meeting with Shayne Heffernan CEO and Founder of HEFFX one of the stocks he said worth mentioning was Tencent. Tencent owns WeChat, the most popular messaging app in China with over 1.16 billion monthly active users. Over the past 3 […]
$VIA, $TCEHY ‘Top Gun: Maverick,’ (the squeal) has raised questions about the removal of Japanese and Taiwanese flags on actor Tom Cruise’s famed jacket, according to reports Sunday. Mr. Cruise’s jacket, worn by his character Maverick, had shown those flags in the 1980’s “Top Gun,” but the Y 2019 sequel replaces them as the movie is […]
The Hot China Stocks There are a few Chinese companies listed in the USA that still represent value. NetEase Inc (ADR) (NASDAQ:NTES) Just before Christmas Lockheed Martin Investment Management Company increased Netease Inc (Adr) (NTES) stake by 243.44% reported in 2017Q3 SEC filing. Lockheed Martin Investment Management Company acquired 4,343 shares as Netease Inc (Adr) […]
Tencent Holdings Ltd (HKG:0700) HEFFX Highlights Spotify has long been linked with going public in the U.S. — it is speculated to be preparing for an IPO-less listing next year — but it has emerged that the company rebuffed the opportunity to sell to a major tech name earlier this year: Tencent, the Chinese internet […]
Tencent Holdings Ltd (HKG:0700) HEFFX Highlights Tencent Holdings Ltd announced plans on Monday to pour money and resources worth two billion yuan ($294 million) into promoting original content for its live streaming platform, as the internet conglomerate steps up its efforts to connect social networking with live streaming to attract users. Now Live, the live […]
Tencent Holdings Ltd (HKG:0700) HEFFX Highlights Samsung Electronics Co. and Tencent Holdings Ltd. tumbled as a U.S. technology selloff spread to Asia, sparking the biggest drop of the year for a regional index of stocks in the industry. This past week the hardware giant unveiled two new policies that appear directed largely at WeChat, China’s […]
Tencent Holdings Ltd (HKG:0700) A Top Ten Tech Giant Tencent made the top ten behind tech giants Google, Apple, Microsoft, Amazon and Facebook, as well as Visa and AT&T, and was valued ahead of IBM and McDonald’s. Tencent is the first non-US owned company to crack the $100 bn value barrier, after a 27% increase […]
Tencent Holdings Ltd (HKG:0700) Partners With Fox In its quest to expand its global reach, Tencent Holdings Ltd. has quietly become China’s top corporate investor in Silicon Valley, pouring money into everything from electric cars to moonshot ventures such as space tourism and asteroid mining. Fox International Productions is bolstering its engagement with China’s all-important […]
Tencent Holdings Ltd (HKG:0700) Uni-Ten Licensing Deal Universal Music Group Inks Major Licensing Deal With Tencent Tencent Holdings Ltd. posted a better-than-expected 55 percent surge in quarterly revenue as blockbuster titles including Honour of Kings Tencent is creating an entire town dedicated to esports Universal agrees deal to stream on China’s Tencent’s services Tencent Holdings […]
Tencent (HKG:0700) Ichimoku Stock Overbought Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 206.93. The projected upper bound is: 235.91. The projected lower bound is: 221.89. […]