TENCENT-R News

MCMC Commends Telegram, Tencent For Commitment To Comply With Licensing Requirements

RTTNews34minutes ago

Telegram, Tencent Begin Licensing Process To Operate In Malaysia - MCMC

Bernama03:34 ET

Telegram And WeChat Begin Licensing Process In Malaysia

Business Today01:59 ET

Research and development investments are close to the combined sum of BAT! Does ByteDance want to become China's OpenAI?

Zheshang stated that ByteDance has made huge investments in AI, with capital expenditures reaching 80 billion yuan in 2024, approaching the total of Baidu, Alibaba, and Tencent (about 100 billion yuan). Research and development investments significantly lead their peers; analogously, just as Microsoft is strongly investing in OpenAI, ByteDance in China may be comparable to OpenAI in the USA.

wallstreetcn20:36 ET

Even the richest private Banks are having a hard time.

First revenue decline.

wallstreetcnDec 25 08:06 ET

Huajin Securities: The issuance of game approvals in December reached a record high, driven by quality content and strong IP.

HuaJin Securities released a Research Report stating that on the afternoon of December 24, the National Press and Publication Administration released the "Approval Information for Domestic Online Games in December 2024" and "Approval Information for Imported Online Games in December 2024", with a total of 135 games receiving licenses, the highest for this year.

Zhitong FinanceDec 25 08:01 ET

China Approves 135 Games in December, Including NetEase's ANANTA and Tencent's Monster Hunter: Outlanders

TechNodeDec 25 03:31 ET

Bank stocks have surged for several consecutive days, and the Hang Seng Index has recovered to 20,000 points. Bullish Signals from the fiscal side are favorable for the continuation of the rebound | Hong Kong stock barometer.

① The Hang Seng Index stands above the 20,000-point mark; why is it so strong in the short term? ② The fiscal side releases Bullish Signals; can it help sustain the rebound?

cls.cnDec 24 08:27 ET

In December, both domestic and imported game licenses were released! A total of 1416 licenses have been issued this year, the highest in the past five years.

① A total of 122 domestic games and 13 imported new games were approved today, marking the third consecutive month of simultaneous issuance of domestic and imported game licenses. Major games from Tencent and NetEase received approvals, along with several other publicly listed game companies also achieving gains. ② As of the time of writing, 1,416 new games have obtained licenses this year, the highest total in nearly five years.

cls.cnDec 24 07:19 ET

The Nine Layers Purple Plum, scheduled to be served at the end of the year.

Tencent Video's year-end explosive scene.

wallstreetcnDec 24 05:57 ET

Express News | Tencent Bought Back 1.2 Mln Shares for HK$503.4 Mln on Dec 24- HKEX Filing

ReutersDec 24 03:29 ET

Major institutions rating丨HAITONG INT'L: WeChat Mini Stores have become an important closed loop in the WeChat e-commerce ecosystem. It is recommended to pay attention to Hangzhou Raycloud Technology Co.,Ltd, Weimeng, and Youzan.

HAITONG INT'L recently released a report stating that the "gift-giving" feature launched by WeChat, which is owned by Tencent, simplifies the gift-giving process and creates new growth channels for businesses. The institution believes that for users, the gift-giving feature is strongly social in nature and significantly enhances the convenience of giving gifts; for businesses, this feature broadens sales channels, increases visibility and success rates, and has a low entry barrier for merchants. HAITONG INT'L pointed out that e-commerce Saas (Software as a Service) and AI technology have rich application scenarios and growth potential. E-commerce Saas can serve the entire range of e-commerce scenarios and full chain businesses, including Commodity and store management, customer service.

Gelonghui FinanceDec 24 02:47 ET

[Brokerage Focus] GTJA indicates that WeChat is expected to become a new entry point for e-commerce platforms.

Jinwu Financial News | GTJA states that WeChat e-commerce, backed by a large social network, is accelerating its development and is expected to become a new entry point for e-commerce platforms in the future. Tencent (00700) has been active in its e-commerce strategy; in August 2024, Tencent will upgrade its video account small stores into WeChat small stores, allowing store and product information to circulate across multiple WeChat scenarios such as public accounts, video accounts, mini-programs, and search. This will integrate into a unified WeChat e-commerce service. Coupled with the gift-giving feature, the organization believes WeChat can utilize its vast user base's private relationships to drive traffic to WeChat small stores, expanding the foundation of WeChat e-commerce. In the short term, this is expected to help rapidly boost WeChat e-commerce.

Jingu Financial NewsDec 23 20:07 ET

Despegar Shares Surge on Acquisition by Prosus

WSJDec 23 08:57 ET

Tencent's major Shareholder Prosus will acquire the online travel agency Despegar for 1.7 billion USD.

Internet Plus-Related investment giant Prosus NV will acquire the Latin American online travel agency Despegar.com CORP for 1.7 billion USD. Prosus announced on Monday that its Quote is 19.50 USD per share, which is 33% higher than the closing price on December 20. The Prosus team is looking for companies globally to replicate its investment success in China with the Internet Plus-Related company TENCENT CORP. Prosus CEO Fabricio Bloisi has pledged to double the company's value over the next four years. Prosus Chief Investment Officer and President.

Global Market ReportDec 23 07:03 ET

Capital movements | Northbound funds sold more than 1.2 billion Hong Kong dollars worth of Meituan, while continuously buying more than 4 billion Hong Kong dollars worth of Tencent for two consecutive days.

Today, the net Buy of Hong Kong stocks is 2.65 billion Hong Kong dollars.

Gelonghui FinanceDec 23 06:57 ET

On December 23, TENCENT (00700.HK) spent 0.704 billion HKD to repurchase 1.67 million shares.

Gelonghui reported on December 23 that TENCENT (00700.HK) announced a share buyback on December 23, 2024, spending 0.704 billion Hong Kong dollars to repurchase 1.67 million shares, with a buyback price of 416.4-430.6 Hong Kong dollars per share.

Gelonghui FinanceDec 23 04:23 ET

Market Chatter: Tencent Launches Gift-Giving Feature on WeChat E-Commerce Applet

MT NewswiresDec 23 03:28 ET

China's Stock Market Faces Another Year of Turmoil. How to Play It

Barron'sDec 23 02:49 ET

Morgan Stanley: Reiterates TENCENT's "Shareholding" rating with a Target Price of HKD 570.

Morgan Stanley released a research report stating that it reaffirms the "Shareholding" rating for TENCENT (00700), continuing to list it as a preferred stock, with a Target Price of 570 Hong Kong dollars. TENCENT's WeChat public e-commerce platform, WeChat Shop, has launched a gray testing of the "Gift Giving" function, allowing users to purchase commodities worth less than 0.01 million yuan as gifts and directly gift them to WeChat friends. The gift-giving function is similar to the format of WeChat red envelopes, which is believed to align with the development strategy of WeChat Shop, utilizing WeChat's ecosystem to build a unified and reliable e-commerce platform for users and providing indexed and standardized commodities. Morgan Stanley expects that after the new feature is fully launched, it will attract.

Sina Hong Kong Stock.Dec 23 01:40 ET