Tencent Holdings Stock News

Bank seems to be preparing for aggressive global expansion after securing financing

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The series C funding round was led by existing investors Tencent and Accel.

The funding round includes new investors Dragoneers and Echo Street along with existing backers Tencent, Accel and Founders Future.

SHANGHAI: China stocks extended gains on Wednesday as the reserve requirement ratio cut kept investor sentiment buoyed, with consumer staples and chipmakers leading the rise. The CSI300 index rose 1.1% to 4,976.56 by the end of the morning session, while the Shanghai Composite Index gained 0.9% to 3,626.11. The Hang Seng index dropped 0.1% to 23,954.91. The Hong Kong China Enterprises Index lost 0.2% to 8,510.67. ** The People''s Bank of China cut the amount of cash that banks must hold in reserve on Monday, its second such move this year, freeing up 1.2 trillion yuan ($188 billion) in long-term liquidity to bolster slowing economic growth. ** Consumer staples rose 2.5%, with liquor makers leading the jump and up nearly 4%. ** Liquor giant Kweichow Moutai, the biggest stock in the A-share market by market cap, surged 3.6%. ** Hot sectors such as semiconductor and new energy climbed 2.6% and 1.8%, respectively, after some investors took profits in the previous session. ** Real estate developers retreated 0.

Singapore-based digital bank Tyme has raised an additional $70m in its Series B funding round led billionaire Pony Mas Tencent Holdings.

Singaporean payments service provider Aleta Planet has partnered with Tencent Financial Technology to enable local residents to remit money to WeChat users in China. Aleta Planet said that this is The post Aleta Planet Partners Tencent to Offer Remittance From Singapore to China appeared first on Fintech Singapore .

Chinese mobile game developer and publisher Qingci Games officially launched its offering on the Hong Kong Stock Exchange on Monday. The post Qingci Games Funded by Tencent, Alibaba and Bilibili appeared first on Pandaily .

Chinese stocks got a lift on central bank policy moves aimed at boosting China's growth next year.

HONG KONG , Dec. 7, 2021 /PRNewswire/ CLPS Incorporation (Nasdaq: CLPS) ("CLPS" or "the Company") today announced that its management will present at China Roadshow Virtual Technology Investor Conference on December 15, 2021 , at 2:30 p.m. , Beijing Time. The Company''s presentation will be broadcast live across leading online brokerages and trading platforms in China , including FutuBull, Tencent Stock Selection, Tiger Brokers, and Snowball Finance, among other online platforms. To participate, or to schedule a meeting, please visit https://webcast.roadshowchina.cn/cmeet/S213K01TZkY2ZngrYkZzclRCdXZYdz09 . The presentation material will be available on the Company''s investor relations website at https://ir.clpsglobal.com/ in the "Presentation & Events" of the "News & Events" section. The Chinese-language virtual conference is sponsored by Shenzhen Roadshow Network Technology Co., Ltd. About CLPS Incorporation Headquartered in Hong Kong , CLPS Incorporation (the "Company") (Nasdaq: CLPS) is a global leading information technology ("IT") consulting and solutions service provider focusing on the banking, insurance, and financial service sectors.

TymeBank''s sister company just raised US$ 180million from Tencent and UK''s development financier to expand its operations.

China Money Networks DealShot provides detailed information on venture capital and private equity deals in China on a daily basis. Here you can find out where Chinese investors have been investing their money each workday. DealShot: 17 Deals Passing $300 Million Including Tencent, Richland Capital Among Others comes from China Money Network : Primary Data for China''s Primary Markets! All Rights Reserved.

Tyme, one of the fastest-growing digital banking groups globally has successfully secured investments from Tencent and CDC to complete its $180 million Series B capital raise. The investments from Tencent and CDC are pegged at an additional $70 million. Tencent is a world-leading internet and technology company based in China, and CDC Group is the []

Chinese Internet giant Tencent Holdings has invested in South African digital bank TymeBank.

ARC Investments has announced on Tuesday (7 December) that Tyme, including TymeBank South Africa and Tyme Global, completed its Series B Capital Raise with the introduction of two new shareholders.