Tencent Holdings Ltd Stock News

Hong Kong FinTech Week (HKFW) 2021 ended on November 5, closing a global conference exploring an array of business opportunities for the fintech industry in Hong Kong and across the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). The Week, which featured renowned speakers from around the world, revealed several key policy announcements and put a spotlight on Hong Kong as the destination for fintech start-ups and scale-ups to expand business in Asia. The five-day event championed "Scaling FinTech Future Together", a celebration of Hong Kong as an attractive hub for start-ups and scale-ups in the region, and a showcase of exciting fintech collaboration. HKFW attracted over 20 000 attendees. The conference was host to over 300 speakers, more than 400 exhibitors, and 39 international delegations and representatives. Twenty-seven satellite events and thousands of business meetings were arranged through the event and via the online platforms. This was the first HKFW in a hybrid format, drawing more than four million online views and providing a seamless experience to worldwide audiences from 87 economies to learn more about the city''s fast-growing fintech ecosystem.

DUBLIN--(BUSINESS WIRE)--The "Global Battle Royale Game Market: Size & Forecast with Impact Analysis of COVID-19 (2021-2025)" report has been added to ResearchAndMarkets.com''s offering. The report provides an in depth analysis of the global battle royale game market by value, by, platform, by business model, etc. The report also provides a detailed analysis of the COVID-19 impact on the battle royale game market. A multiplayer online video game category that integrates the hunt, investigati

HONG KONG , Nov. 22, 2021 /PRNewswire/ -- Tongcheng-Elong Holdings Limited (" Tongcheng-Elong " or the " Company ", collectively called the "Group" with its subsidiaries, Stock Code: 0780.HK), an innovator and leader in China''s online travel industry, announced its unaudited consolidated results for the three months ended 30 September 2021 (the " Reporting Period "). Since the outbreak of COVID-19, China''s travel industry has been volatile under significant pressure brought by uncertainties. While calmly coping with the pressure, Tongcheng-Elong has paid particular attention to the opportunities behind it and continued to strengthen its capabilities. By leveraging competitive advantages such as diversified traffic sources, solid market position, outstanding product innovation and flexible operation strategies, Tongcheng-Elong strove to contribute as much as possible to the recovery of the travel industry and the development of the society. During the reporting period, the Company''s revenue reached RMB1,939.4 million , with a 1.3% year-to-year increase.

The company''s diverse ecommerce portfolio has grown significantly over the past few years and is now nearing $50 billion in value.

South African fintech firm Ozow has raised a US$48 million Series B funding round led by Chinese internet giant Tencent.

Naspers first-half profit climbed 11%, driven by a large contribution from Chinese Internet giant Tencent.

JOHANNESBURG (Reuters) South African technology investor Naspers Ltd said on Monday its first half profit climbed 11%, driven by a large contribution from Chinese internet giant Tencent in which it indirectly holds a 29% stake. Its core headline earnings per share, which strips out gains or losses from non-operational items, stood at 416 U.S. Read More

Several companies that have been ordered to pay a total of C¥21.5-million in fines by Chinas competition watchdog.

Shares of Alibaba Group Holding Limited (NYSE: BABA ), Baidu Inc. (NASDAQ: BIDU ), Li Auto Inc. (NASDAQ: LI ) and Xpeng Inc. (NYSE: XPEV ) fell in Hong Kong on Monday, while JD.Com Inc. (NASDAQ: JD ) and Tencent Holdings Inc . (OTC: TCEHY ) traded higher. Whats Moving : Alibabas shares have lost 0.5% to HKD 138.60 and technology company Baidus shares traded 1.1% lower at HKD 149.60 in Hong Kong, while tech conglomerate Tencents shares are up almost 0.5% to HKD 498.40. See Also: How To Buy Alibaba (BABA) Stock JD.Coms shares have gained 1.7% to HKD 358.20. The South China Morning Post reported that the e-commerce giant is among the four companies that will be added to the benchmark Hang Seng Index from Dec. 6. Electric vehicle maker Xpengs shares have lost 1.4% to HKD 184.60 and Li Autos shares are down Full story available on Benzinga.com

China is bringing the regulatory hammer down yet again on some of the country's largest tech firms.

China has long been recognised as the worlds biggest e-commerce market, driven by technology giants that helped revolutionise consumer spending behaviour in the second-largest economy behind the United States.The value of these Big Tech companies led by e-commerce stalwarts Alibaba Group Holding, JD.com, Meituan, Pinduduo and Tencent Holdings continued to rise last year, despite the disruptions caused by the Covid-19 pandemic. Benefiting from a global stock market rally among tech firms as

Several Chinese companies, including Alibaba, Baidu and JD.com will have $78,000 in fines levied against them stemming from 43 acquisitions that were said to breach the countrys anti-monopoly regulations, according to a Reuters report. The transactions, which were all said to be unreported, date as far back as 2012, according to the report. Tencent and []

A new adventure is on the way. In a bit of a shock announcement earlier this week, Playtonic the UK developer comprised of former Rare veterans and known for titles such as Yooka-Laylee revealed Tencent had acquired a minority stake in the business. If its got you wondering whats next, in an interview Continue reading Playtonics Original Yooka-Laylee Game Is Getting A Follow-Up Title Playtonics Original Yooka-Laylee Game Is Getting A Follow-Up Title

Firing a fresh salvo, Chinese regulators imposed fines on domestic tech stalwarts, which are yet to recover fully from an earlier clampdown that led to billions being wiped off their market capitaliza

These three companies could be huge winners in the next iteration of the internet.