$TENCENT(00700.HK)$Tencent unveils a stunning upgrade to its computing power in a bid to topple Nvidia — Xingmai 2.0 network supports over 100,000 GPUs in a single computing cluster
Will let the market play a decisive role in resource allocation. Will work on policies to build a positive environment and offer more opportunities for the non-public economy sector. Will formulate private economy improvement law. Strengthening antitrust operations. Will improve the convenience for foreign capital to invest equity and venture capital in China. Will optimize the layout of the state-owned econ...
CICC forecasts TENCENT's 2Q24 non-IFRS net profit to rise by 26% YoY to RMB47.2 billion, driven by a 6% revenue growth to RMB157.6 billion and a 19% increase in non-IFRS operating profit to RMB54.9 billion. The game revenue is expected to grow by 4% YoY in 2Q24 and 6% YoY for 2024, thanks to a promising outlook for TENCENT's domestic and overseas game businesses, including subsidiaries Supercell and Riot Games. CICC ma...
Shanghai Aojue Digital Technology recently underwent industrial changes, where NUVERSE's Shanghai Mokun Digital Technology exited as a shareholder, and TENCENT’s Guangxi Tencent Venture Capital became the new and sole shareholder, also changing the company's key personnel. Shanghai Aojue Digital Technology, established in January 2017, engages in value-added telecommunications, internet information services, and computer hardware/software wh...
• $CSOP LOW CARBON US(LCU.SG)$ fall was driven by IT, consumer discretionary and communication services by sector. By country, the decline was led by China, Taiwan and Japan. By individual firms, the fall was led by $Taiwan Semiconductor(TSM.US)$, $TENCENT(00700.HK)$ ...
The game revenue is expected to grow by 4% YoY in 2Q24 and 6% YoY for 2024, thanks to a promising outlook for TENCENT's domestic and overseas game businesses, including subsidiaries Supercell and Riot Games.
CICC ma...
Shanghai Aojue Digital Technology, established in January 2017, engages in value-added telecommunications, internet information services, and computer hardware/software wh...
$KraneShares CSI China Internet ETF(KWEB.US)$ $Global X MSCI China Consumer Discretionary ETF(CHIQ.US)$ $BABA-SW(09988.HK)$ $TENCENT(00700.HK)$ $XIAOMI-W(01810.HK)$ $BIDU-SW(09888.HK)$
Temasek has long been one of the biggest institutional investors in China, which accounted for 29% of its portfolio as recently as 2020.
Per Bloomberg
$Alibaba(BABA.US)$ $BABA-SW(09988.HK)$ $TENCENT(00700.HK)$ $Tencent(TCEHY.US)$ $MEITUAN-W(03690.HK)$ $Meituan ADR(MPNGY.US)$ $JD.com(JD.US)$ $JD-SW(09618.HK)$ $Cainiao Smart Logistics Network Limited(810537.HK)$ $KUAISHOU-W(01024.HK)$ $XIAOMI-W(01810.HK)$ $CCB(00939.HK)$ $BANK OF CHINA(03988.HK)$
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