$TENCENT (00700.HK)$announced that it repurchased 2.68 million shares of the company at $371-376.6 per share yesterday (12th), involving about $1.001 billion. Since the resolution was passed, the Group has repurchased more than 152 million shares, accounting for 1.6175% of its issued share capital. $Tencent (TCEHY.US)$
The operation team of "Rocket League", an online game developed by US indie game studio Psyonix, announced that TENCENT will discontinue Rocket League's operations in China at 11:00 am on 11 November 2024, due to the expiration of the agency agreement between TENCENT and Rocket League's game developer. $TENCENT (00700.HK)$$Tencent (TCEHY.US)$
According to CCBI, most Chinese internet companies outperformed expectations in 2Q earnings, except for$MEITUAN-W (03690.HK)$, which exceeded both revenue and earnings forecasts. Apart from$PDD Holdings (PDD.US)$, many companies are focusing on shareholder returns via stock buybacks and dividends. CCBI expects profitability to continue improving through 2024, supporting shareholder rewards. Given$TENCENT (00700.HK)$'s so...
Despite a weakened stock market, China's leading internet platforms have shown resilience, according to CMSI. This is due to improved competition and earnings outlook. Companies like$PDD Holdings (PDD.US)$,$Tencent Music (TME.US)$, and$NetEase (NTES.US)$remain attractive for their business strength, market position, and valuation, even after recent declines. CMSI's top picks are$TENCENT (00700.HK)$, ...
$TENCENT (00700.HK)$repurchased 2.72 million shares on the Hong Kong Stock Exchange yesterday (11th) at prices ranging from $365.2 to $370.6 per share, involving a total of $1 billion. Since the passing of the ordinary resolution, the company has repurchased nearly 150 million shares, accounting for nearly 1.59% of the company's share capital. $Tencent (TCEHY.US)$$Hang Seng TECH Index (800700.HK)$
$TENCENT (00700.HK)$repurchased a total of 2.72 million shares on the Stock Exchange on 10 September for $1.003 billion, with a price per share ranging from $366.2 to $370.4, according to TENCENT's disclosure return. Since the ordinary resolution was passed, the Company has repurchased nearly 147 million shares in total, accounting for 1.56017% of its issued share capital. $Tencent (TCEHY.US)$$Hang Seng TECH Index (800700.HK)$
At the 2024 Tencent Global Digital Ecosystem Summit, TENCENT's VP Zhong Xiangping revealed that the company is collaborating with over 100 automakers and mobility tech firms. TENCENT is focused on building integrated data capabilities for car-cloud integration, enhancing autonomous driving and smart cockpit functions, and improving industrial efficiency. TENCENT Cloud is the preferred choice for 90% of automakers, supporting global and...
Food prices especially vegetables, fruits, and eggs rose due to the high temperature and rainy days. Domestic gasoline prices fell 3% m/m or 2.7% y/y. Fuel vehicle prices dropped by 6.4% y/y, and the decline extended. Travel season ended, flight tickets and hospitality dropped 11.9% and 3.6% y/y respectively Pork prices rise by 16.1% y/y, -4.3 PPS vs July. For y/y price changes Food, tobacco & liquor -0.1% Clothing +1.4% Accomodation +0.0% Necessities & services +0.2% T...
Since the resolution was passed, the Group has repurchased more than 152 million shares, accounting for 1.6175% of its issued share capital.
$Tencent (TCEHY.US)$
$TENCENT (00700.HK)$ $Tencent (TCEHY.US)$
$CCB (00939.HK)$ $BANK OF CHINA (03988.HK)$ $CNH/CNY (CNHCNY.FX)$ $BABA-W (09988.HK)$ $TENCENT (00700.HK)$ $JD-SW (09618.HK)$ $Global X MSCI China Consumer Discretionary ETF (CHIQ.US)$ $BYD COMPANY (01211.HK)$ $EVERGRANDE (03333.HK)$
Apart from $PDD Holdings (PDD.US)$ , many companies are focusing on shareholder returns via stock buybacks and dividends. CCBI expects profitability to continue improving through 2024, supporting shareholder rewards.
Given $TENCENT (00700.HK)$ 's so...
Companies like $PDD Holdings (PDD.US)$ , $Tencent Music (TME.US)$ , and $NetEase (NTES.US)$ remain attractive for their business strength, market position, and valuation, even after recent declines.
CMSI's top picks are $TENCENT (00700.HK)$ , ...
Since the passing of the ordinary resolution, the company has repurchased nearly 150 million shares, accounting for nearly 1.59% of the company's share capital.
$Tencent (TCEHY.US)$ $Hang Seng TECH Index (800700.HK)$
Since the ordinary resolution was passed, the Company has repurchased nearly 147 million shares in total, accounting for 1.56017% of its issued share capital.
$Tencent (TCEHY.US)$ $Hang Seng TECH Index (800700.HK)$
For y/y price changes
Food, tobacco & liquor -0.1%
Clothing +1.4%
Accomodation +0.0%
Necessities & services +0.2%
T...
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