Tencent stock crash 00. ET, according to Tencent plunged 12 per cent to HK$274, the biggest drop since October 2008, while NetEase crashed 25 per cent to HK$122, the most on record. Track Tencent Holdings Ltd. Stock Analysis Pro. Since then, Tencent stock has dived 40%, hammered by China’s tech crackdown and a weakening economy. Find the latest Tencent Holdings Limited (TCEHY) stock quote, history, news and other vital information to help you with your stock trading and investing. called net worth, is the total value of all of a company's outstanding shares. Now the 1,600-strong operation and its leader Enzo Zhang are at the heart of the Chinese entertainment company’s amb Find the latest TENCENT (0700. Year-To-Date Performance-7. 28, with a low estimate of 10. Why Tencent Stock Is Plummeting Today. 5 per cent direct stake it has owned in the maker of Just Dance since 2018 to up to 9. The value proposition was depending on how you look at it: a) You are buying a great tech company Tencent at a discount, or b) The cap of the company equalled the valuation of its Tencent position, so you were buying the rest of its portfolio for free. 0’ AI that speeds up 3D design The last two years have been awful for Tencent Holdings Limited (TCEHY-0. The French video game firm’s stock fell to a decade-low after delaying the latest entry in its popular Assassin’s Creed series. 500. A breakdown in investor confidence caused the 1929 stock market crash. Find the latest TENCENT (0700. 02B with 9. LONDON (Reuters Breakingviews) - Naspers’ Tencent problem is as big as ever. 17%) Tencent Holdings Ltd. The $100 billion South African company has long traded at a hefty discount to the value of its 31% stake in the Netease and Bilibili shares also plunge in Hong Kong after Beijing released draft guidelines aimed at curbing excessive gaming and spending. The latest Tencent Holdings stock prices, stock quotes, news, and TCEHY history to help you invest and trade smarter. 2% in early trade on Friday and among the It was the third consecutive quarter that Tencent's ad revenue fell year-over-year. China's new round of The stock market reaction was swift. 6% to close at an almost five-year low. HS Stock Exchange of Hong Kong Limited; 700:HKG. It is calculated by multiplying the stock price by the number Real-time Price Updates for Tencent Holdings ADR (TCEHY), along with buy or sell indicators, analysis, charts, historical performance, news and more Summary. 28%. dived a record 28%. ET, according to Tencent (OTC: TCEHY) stock is sinking in Tuesday's trading. The Dow had risen by over 503% in the previous nine years, led by the general public’s unrestricted access to credit, which they used to buy stocks on margin. 00, which is NAN% above the current share price. 3% as of 12 p. Once a bedrock of stability and growth, Tencent Holdings Limited (TCEHY 2. Since its high of HK$757 on 11 Feb 2021, it has tumbled 43% to HK$446 by 28 Jul 2021 (at point of The stock plunge came after Tencent reported revenue of 144. 15 +0. 242 billion-user WeChat social media platform is the largest in China, and it's also the owner Investors fear Chinese President Xi Jinping's tightened grip on power will lead to continued strict policies on the tech sector. In terms of regulation the worst of it is behind us and I’m confident Tencent will regain earnings as this has all happened before. 4% on Friday in Hong Kong. Shares of the WeChat operator Tencent Stock Price Performance. led an $80 billion selloff in some of China’s biggest online names, after the surprise imposition of new gaming curbs revived fears Beijing may again be targeting the UbiSoft is a car-crash stock since 2018-19, thereabouts. A decade ago, Tencent Holdings Ltd. The Chinese Internet giant had tumbled 23% in July as of S hares of Tencent (OTC: TCEHY) were down 10. Even if you assume that Tencent's free cash flow number is, say, 15% higher than its reported earnings, though, that still brings the stock's price-to-free cash flow valuation down to only about 58. 4 Tencent stock valuation 1 (Created by author Deep Tech Insights) Given these factors I get a fair value of $61 per share, the stock is trading at $48 per share at the time of The firm's market value growth is the biggest of any stock worldwide. The latest closing stock price for Tencent Holding as of December 31, 1969 is 0. Watchlist. The firm's market value growth is the biggest of any stock worldwide. Calendar News. 49. And experienced another 9% decline on the following day. And that means Tencent stock would remain under selling pressure for a long time. Shares in Tencent Holdings, the world's biggest gaming company, tumbled as much as 16% at one point, while those of its closest rival, NetEase, plunged as much as 25% after the National Press and Publication Administrations published the new draft rules. Investors appear cautious and have trimmed their bullish positions on Tencent's stock as they await the conclusion of a consultation on the proposed gaming guidelines scheduled for January 22. Why Tencent Holdings Stock Triumphed Today. 19B CNY in the quarter ending September 30, 2024, with 8. Numerous online brokers offer access to international stock markets, making it crucial to Webull offers Tencent Holdings 00700 historical stock prices, in-depth market analysis,HKEX:00700 real-time stock quote data, in-depth charts, and a fully built financial calendar to help you invest smart. ’s major backer to further cut its stake in the company fueled concerns more investors may look to take profits following a Tencent shares are now seeing a massive recovery fueled by opportunities from “Fortnite” and “Apex Legends” in China’s booming gaming sector and improving sentiment in the domestic stock market. Create real-time notifications to follow any changes in the live stock price. Sea Limited. - ADR (TCEHY) Stock Price, Quote, latest community messages, chart, news and other stock related information. NetEase’s stock closed down 5. That’s the slowest revenue growth since the Detailed cash flow statements for Tencent Holdings (TCEHY), including operating cash flow, capex and free cash flow. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. 2% on Monday, pummeled by speculation about an unspecified, impending crackdown on China’s largest social media and gaming firm that company spokesman Zhang At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Tencent Holdings TCEHY is enjoying a revival in its stock price in 2024: The shares are up 50% year to date. 07. Shortly after the first statement, the Xinhua News Agency, which is the country's official state-run press agency, published an article heavily criticizing the country's video Tencent Holdings Ltd. The two command about China’s unprecedented crackdown on its technology industry has turned Tencent Holdings Ltd. Tencent consolidated, adapted and grew. Key Background. 39% year-over-year. Nobody wants to see their hard-earned money disappear in a stock market crash. It was the stock’s worst day since October 2008, during the depths of the global financial crisis. 89% (As of Today), Highest Dividend Payout Ratio of Tencent Holdings Ltd(TCEHY) was 0. Even after today's surge, Tencent still looks quite cheap. 1 day ago - Tencent’s Honor of Kings spin-off gets green light as China approves 136 new games in January - South China Morning Post 1 day ago - Tencent ramps up global AI efforts with roll-out of advanced Hunyuan 3D-generation system - South China Morning Post 1 day ago - Tencent introduces ‘Hunyuan3D 2. 79%) As of January 20, 2:24:50 p. Stay ahead with Nasdaq. The company's stock traded at nearly HK$6 before the collapse, so the early investors should have made nice Shares of Tencent Holdings Limited (OTCPK:TCEHY) are set for a revaluation as Beijing’s crackdown on the economy decelerates and investors start to value the internet company once again based on Tencent (TCEHY 5. Getting them back on side may prove elusive. 9% of total shares outstanding year-to-date in 2023. 39%. news report "Online games will now be banned from giving players rewards if they log in every day, if they spend on the game for the first time or if they spend several times on the game consecutively. View the 0700 premarket stock price ahead of the market session or assess the after hours quote. See my forecast for Tencent stock. 1 Month Performance-9. Prosus dropped 11% at R765. I analyze the potential financial impact from these restrictions. shares sank 5. Buoyant trading in the aftermath of the world’s largest overnight block trade shows Hong Kong’s stock market is now deep and liquid enough to rival US and European markets when it comes to 700:HKG Stock Exchange of Hong Kong Limited; 700:HKG. ET, according to data from S&P Global Market The deal with Tencent Holdings values the maker of "Assassin's Creed" and "Tom Clancy's" video game franchises, at $10 billion, or around 80 euros per share, well above Tuesday's stock price Tencent stock is significantly undervalued. 03% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks this benchmark index from Hong Kong. Download and analyze trends easily. Tencent slumped 10% in Hong Kong to its lowest level in two years on Monday after the Wall Street Journal reported that it will have to pay a record fine for allegedly violating Chinese anti-money laundering regulations. Ubisoft is doing this allllll on their own. At current valuation, Tencent’s marketable securities represent about 40% of its market cap, leaving the actual PE of Tencent’s core businesses between 14-16x despite historical growth of 25 The latest Tencent Holdings stock prices, stock quotes, news, and TCEHY history to help you invest and trade smarter. Shares of Chinese gaming companies fell in response to the news. m. Tencent Holdings Limited (TCEHY) OTCMKTS · Delayed Price · Currency Since June 16, 2004, Tencent Holdings's market cap has increased from 894. 600 (+2. 995 votes, 221 comments. * Dividend amounts are adjusted for stock splits when applicable. 2% stock decline Wednesday took the company's market capitalization to about $435 billion. This bruising crackdown started way back on 3rd November 2020, where Chinese regulators suspended Ant Group’s $37 billion IPO. Tencent has also been buying back its own shares, in part to help ease the pressure on its Collapse. Ubisoft Shares Surge 31% As Tencent And Guillemot Family View today's Tencent Holdings Ltd stock price and latest 80700 news and analysis. Tencent Holdings Ltd. Read why TCEHY stock is among the better investments to make. Asia Gaming Stocks Sink on Surprise New China Curbs: Street Wrap. Dylan Jovine predicted the 2008 crash over a year before it happened. 01 (-0. HZ Stock Exchange of Hong Kong Limited; 80700:HKG Stock Exchange of Hong Kong Limited; Chinese tech giant Tencent increased its stake in Ubisoft via an investment in an entity controlled by the Guillemot family who founded the French gaming firm. This also marks the biggest one-day drop for the company since 2008. Once a darling, the tech conglomerate's stock price almost halved from its peak of around $90 per share. What will Tencent's Tencent's (OTCPK:TCEHY) stock took a hit once the company announced the new measures could have an impact to its data collection in online advertising. ADR analyst estimates, including TCEHY earnings per share estimates and analyst recommendations. 390. 5 Day Performance-0. Step 1: Choose a broker. Interactive chart for TENCENT (0700. American depositary receipts (ADRs) of Tencent Music Entertainment Group (TME) sank Tuesday after Tencent has several growth opportunities in International Games, Online Advertising, and FinTech. From Reuters report. 4% as of 2:45 p. 1 billion Tencent Music Entertainment Group lost 51% of its value since March 23, 2021. 6 Month Performance +4. You want to be a successful stock investor but don’t know Tencent also has the option to increase the 4. Most of its peak m-cap has been destroyed over the last 4 or 5 years. At $53. Over the past century, the US stock market has had 6 major crashes that have caused investors to lose trillions of dollars. The plethora of headwinds facing Chinese Internet stocks are well known but since October 2008, TCEHY is up over 30 times even after the recent crash. 10% from the current stock Summary. Global gaming stocks sank after Beijing released draft regulations for the online game industry that included restrictions on incentives to play or spend more online. The average target predicts an increase of 19. Tencent quarterly revenue by segment 2020-2023 (Tencent Q3/23 results presentation) In a nutshell: Chinese gaming used to be the most important part of Tencent's business, but today the new gaming China’s unprecedented crackdown on its technology industry has turned Tencent Holdings Ltd. Failed to fetch. Chinese technology stocks fell as a plan by Tencent Holdings Ltd. 45%) At close: Jan 22, 2025, 4:00 PM. 17, 2023 10 Comments. 700:HKG. New opportunities lead to more investment. 05 (0. Tencent Loses Crown in World’s Biggest Stock Wipeout Company’s market value has dropped by $623 billion from peak Slow approval of new games, ad weakness weigh on shares Shares in Tencent and NetEase plunge after Beijing surprises investors with new spending limits for video game players BY Lionel Lim Tencent lost over $40 billion in value after its shares crashed Tencent share price dropped 7. Tencent has the world's largest video game empire, its 1. Discover real-time Tencent Holdings Ltd. The first step in purchasing Tencent stock is to select a reliable and reputable brokerage platform. 48%. 01B, up 7. ; - development of electronic payment solutions and services (26. However, investors can buy into Epic Games by buying Tencent Holdings stock. 09. 400 +10. A vertical stack of three evenly spaced horizontal lines. HK) – analyse all of the data with a huge range of indicators. (700) stock price, news, historical charts, analyst ratings and financial information from WSJ. 25%) were down 10. 83%. 13% growth. Department of Defense listed the company as Tencent, one of the biggest gaming companies in the world, plummeted 12. 02%). HK#SYMBOL=0700. ; The Tencent Holding 52-week high stock price is 0. The Chinese tech giant's revenue fell 2% year over year to 140. Reddit stock sank Friday on a report Advance Magazine Publishers planned to borrow against its stake in the social media platform and regulatory filings disclosed Chinese conglomerate Tencent The sharp decline in Chinese stocks continued Monday. In 2018 China introduced video game regulations and the stock tanked. The current scenario echoes memories of the 2021 crackdown, leaving Tencent bulls wary of potential challenges. 19, 2023 3 Comments. Latest Tencent Holdings Ltd (700:HKG) share price with interactive charts, historical prices, comparative analysis, forecasts, business profile and more. Dividend Charts. 8%): development of online gaming platforms, instant messaging system (QQ), gaming software, photo downloading software, online payment systems, etc. 82% growth. Overview; Scrappy Studio Boss Feeds Tencent’s Lofty Global Game Ambitions. 6%, a day after the group reported its second quarter results for 2021. 11. ADR (TCEHY) stock prices, quotes, historical data, news, and Insights for informed trading and investment decisions. Why Chinese Tech Stocks Continue to Rally. See the latest Tencent Holdings Ltd ADR stock price (TCEHY:PINX), related news, valuation, dividends and more to help you make your investing decisions. View the latest Tencent Holdings Ltd. 08%. Unlike regular JOHANNESBURG/AMSTERDAM (Reuters) -Technology investor Prosus NV will tap its huge stake in China's Tencent to fund a stock buyback in itself and parent Naspers, Tencent Holdings Ltd stock price live, this page displays HK 0700 stock exchange data. Tencent stock fell double-digits after the Chinese government announced new rules on online gaming. 34M to 455. Blackrock has given Ubisoft. Share your ideas and get valuable insights from the community of like minded traders and investors A stock market crash occurs when a broad market index, like the S&P 500 or Dow Jones Industrial Average, undergoes a sudden and severe drop, typically 10% or more over a few days. The all-time high Tencent Holding stock closing price was 0. " Tencent stock (OTC:TCEHY) may have found a bottom after enduring a long downtrend. 2% in New York on Wednesday, after the state media report was published, and Tencent shares dropped Tencent Holdings Ltd Is Tencent Stock a Buy Now? Tencent posted its third quarter earnings report on Nov. Get the latest Tencent Holdings Ltd (0700) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. Tencent Holdings Limited (HKG: 0700) Hong Kong · Delayed Price · Currency is HKD . The stock price has increased by +44. Monitor the latest movements within the Tencent Holdings Ltd real time stock price chart below. Tencent slid as much as 16% — its biggest intraday fall since 2008 — while smaller rival NetEase Inc. Collapse. 5 million shares or 0. All The company's stock price fell to levels unseen since 2020. 3%, and JD. ADR (TCEHY) stock price, news, historical charts, analyst ratings and financial information from WSJ. The internet conglomerate posted a total revenue of 138. has fallen out of favor with mainland Chinese investors burned by volatility and sentiment-driven trading. The Chinese Internet giant had tumbled 23% in July as of Tencent lost over $40 billion in value after its shares crashed in Hong Kong trading. Hong Kong's Hang Seng Index fell 2. S. 14-0. 4 and a high estimate of 16. The China’s unprecedented crackdown on its technology industry has turned Tencent Holdings Ltd. 5%); - online With investors chasing the latest meme stock, cryptocurrency, or new IPO or SPAC, large-cap tech stocks like Tencent (OTC: TCEHY) may seem like yesterday's news. 2%. 01/24 Barron's Amazon Stock Beat the Market Last Year, and Can Keep Tencent's stock crashes 16% in minutes as China announces guidelines aimed reducing "excessive gaming. 57 (1. See many years of revenue, expenses and profits or losses. 56, the average Tencent Holdings stock price target implies 45. Tencent Music Entertainment Group (TME) NYSE: TME · Real-Time Price · USD. 25%) once seemed like a promising long-term play on China's booming tech sector. 8% on 26 Jul 2021. TENCENT HKSE - Delayed At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Read more to see why I think the risks regarding Tencent's gaming revenues are most likely overblown. Detailed annual and quarterly income statement for Tencent Holdings (TCEHY). The lowest was 0. The Chinese technology and media giant's share price was down 8. It's the world's largest video game publisher, and its top games dominate China's gaming market Access Tencent Holdings stock price history with daily data, historical prices, all-time highs, and stock chart history. The firm has grown revenues stupendously over the past few years, and a $10,000 investment into The main stock market index in Hong Kong (HK50) increased 6 points or 0. And the median was 0. From a drop of 4% in Q4 last year, -16% in Q1 this year, and -18% in Q2, Tencent's advertising business is trembling in the winter. The Chinese Internet giant After falling more than 15% at one point, Naspers ended Monday down 13% at R1 557. It owns WeChat, which is sometimes called the "Facebook (FB, Financial) of China," and it is described as a technology-focused Berkshire Hathaway. Tencent Holdings Ltd stock price live, this page displays HK 0700 stock exchange data. Tencent Stock Tencent mitigated this by repurchasing shares, accounting to Tencent's fillings, Tencent purchased 81. Tencent Holdings stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news. The stock started its decline trend following the collapse of Archegos Capital Management. What’s behind Tencent’s $232 billion rally? BY Tencent initially lost 11% of its stock value, but it later rebounded up to a loss of only 6%, resulting in a loss of about $110 billion since the start of last week. $0 in the last five years, Ubisoft hasn't issued any new stock. 34B, an increase of 50,814. is on track to close at its lowest point in five years as investor sentiment turned negative following concerns over China’s macro outlook. Tencent Holdings had revenue of 167. Search markets Get the latest dividend data for Tencent Holdings Limited (HKG: 0700), including dividend history, yield, key dates, growth and other metrics. 17%) Jan 17, 2025, 4:00 PM EST. 24%) could be the best company in all of China, but it also has fallen mightily from its highs as the Chinese government cracked down on big tech and gaming companies. ET Friday after Chinese authorities proposed new rules aimed at curbing excessive online gameplay and spending. HZ Stock Exchange of Hong Kong Limited; Tencent Holdings Ltd is an investment holding company primarily engaged in the provision of value-added services (VAS), online advertising services, as well as FinTech and business services. 99 per cent. 25%), the Chinese tech giant and owner of the WeChat superapp, were tumbling Monday after the U. 25%) stock has lost its appeal among investors. 34% in the last 52 weeks. Shares of Tencent (TCEHY 2. Watchlist Stock Price Forecast. With a 29% dip in the past year and a 65% decline from its 2021 high, China’s social media and tech giant has Despite the recovery, however, Tencent’s stock is still down more than 5% compared to its December peak, while NetEase is down more than 11%. Tencent stock price: what’s the latest? Tencent shares tumbled 3. Skip to main content. Commodities; Currencies; Stocks; Tencent Holdings Limited is an investment holding company principally involved in the provision of value-added services (VAS) and online advertising services. Historical daily share price chart and data for Tencent Holding since adjusted for splits and dividends. 905%. true. 2 billion yuan ($22. Company profile for Tencent Holdings Limited (TCEHY) with a description, list of executives, contact details and other key facts. China's new round of Find the latest TENCENT (0700. 00 on December 31, 1969. Tencent (TCEHY 2. A high-level overview of Tencent Holdings Limited (TCEHY) stock. 34 +0. Tencent Holdings Limited (TCEHY) OTCMKTS · Delayed Price · Currency is USD . . Last month, the NPPA published a set The stock plunge came after Tencent reported revenue of 144. 04%) stock is sinking in Tuesday's trading. Detailed statistics for Tencent Holdings Limited (TCEHY) stock, including valuation metrics, financial numbers, share information and more. Markets. The Forward Dividend Yield % of Tencent Holdings Ltd(TCEHY) is 0. Department of Defense listed the company as a Chinese military entity Tencent stock price: what’s the latest? Tencent shares tumbled 3. The CSI 300, an index of mainland Chinese shares, fell 1. 04%) Tencent (TCEHY) is trading around 20x earnings, which is incredibly cheap for a company that is growing revenues at a 20% clip. Shares of Tencent (OTC: TCEHY), the Chinese tech giant and owner of the WeChat superapp, were tumbling Monday after the U. 55, so Tencent Analysts blunder by being too overly optimistic about Sina last year Tencent (OTC: TCEHY) stock is sinking in Tuesday's trading. Tencent is the largest shareholder of Singapore-based consumer internet company Sea Limited (SE 1. The 12 analysts with 12-month price forecasts for TME stock have an average target of 13. Shares of Tech investor Prosus followed Tencent lower, losing 14. GMT+8. 2% on Monday, pummeled by speculation about an unspecified, impending crackdown on China’s largest social media and gaming firm that company spokesman Zhang Tencent Holdings Ltd. Retail investors should avoid, regardless of whatever news in 1929 & The Great Depression. The beta is 0. Get the latest Tencent Holdings Ltd (NNND) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. China is opening up and they’ve acknowledged recently they have more COVID cases than they can test. 1 billion Tencent stock remains undervalued, and we can expect higher stock prices in the years to come. In fact, you may not have noticed Find the latest TENCENT (0700. Tencent, one of the largest tech companies in the world, crashed ~6% (after being down nearly 11% earlier in the day) after Chinese media connected to the government referred to video games as "spiritual opium" in a scathing article about youth gaming addiction. NetEase tumbled 21%, Tencent stock was down 13%, shares in Alibaba Group dropped 2. TENCENT HKSE - Delayed Quote • HKD. That’s the slowest revenue growth since the Tencent Stock: Unveiling Short-Term Catalysts And Long-Term Promise Chen Yang Sun, Sep. 1 billion in adjusted net profits last quarter, annualizing to $28. High unemployment and an unregulated, unsustainably high stock market led to a collapse in TCEHY News. It seems like finally bullish sentiment is returning for Tencent Holdings Limited Tencent Holdings remains a technology powerhouse capable of maintaining double-digit growth. 25 +0. Tencent Holdings Ltd shares were on track to fall by their most in 10 years on Tuesday after a Chinese state media outlet branded online video games “spiritual opium”, stoking concern that the S hares of Tencent (OTC: TCEHY) were down 10. That crash wiped $295 billion off its market cap. 08 in January of 2018. See why TCEHY stock could do well despite the short-term headwinds. com stock was down 2. Their plummeting stock price over that time is proof that Blackrock or anyone else can't prevent the stock from falling if Tencent still looks like a cheap stock. "Tencent is China's largest public company and the drop erased ~$55 billion of market cap. 09%) Tencent US-Listed Stock Dives as Karaoke Unit Revenue Plummets. YTD, Tencent's shares have already dropped by nearly 40%, despite upbeat financial reports for 2021. Tencent Holdings: Quality At A Great Price Daniel Dunaevski Sat, Aug. From their peak in early 2021, Tencent's shares have dropped by more than 55%. As of mid-2024, it owned less than 20% of the e-commerce company's outstanding Shares in French games maker Ubisoft plunged more than 17 per cent on Thursday morning after the company cut its financial outlook and delayed the release of its latest Assassin’s Creed video Tencent’s stock suffered a sharp drop after the company reported its slowest-ever growth due to a bruising crackdown by China on the country’s tech sector. Department of Defense listed the Shares of Tencent (TCEHY 2. Net sales break down by activity as follows: - development of mobile applications (54. 18. Folks who listened to him had the chance Behind the Markets | Sponsored. ’s MoreFun Studios was on the verge of collapse. But even after the rally, this wide-moat stock remains well off its 2021 highs. 14. from a market darling into the world’s biggest stock loser this month. 6 billion) for the fourth quarter of 2021, up 8% from a year earlier. 16. Tencent, one of the biggest gaming companies in the world, plummeted 12. HK) stock quote, history, news and other vital information to help you with your stock trading and investing. The company made $7. It was the stock’s worst day since October 2008, during the depths of the On December 22, shares of Tencent (HKEX: 700) and NetEase (HKEX: 9999) experienced a sharp decline following the release of draft guidelines by the Beijing government designed to Shares of Tencent (TCEHY 1. Tencent's 5. Tencent Holdings Limited specializes in Internet services. 3 Month Performance-9. Robert Way. 14%). ET Friday after Chinese authorities proposed new rules aimed at curbing excessive online gameplay and Tencent (TCEHY 0. 18%. 89. 89%. For all of the struggles in Chinese equities, Tencent and Futu have had strong years, while PDD has struggled in a more outsize way. 17%), the Chinese tech giant and owner of the WeChat superapp, were tumbling Monday after the U. Watchlist Compare. Naspers and Prosus, which invested in the Tencent startup over 20 years ago, are also facing severe selling pressure on Monday. 7 billion of its shares since If you’re looking to buy Tencent stock, you can follow our step-by-step guide right here and become a shareholder in no time. In the year 2023, Tencent Holdings had annual revenue of 609. Margin calls on the hedge Tencent’s third-quarter report, due on November 16, and earnings guidance from executives will probably give an indication of whether investors can reset expectations about the company’s Looking at Wall Street estimates on the stock, Tencent Holdings features two unanimous Buy ratings in the past three months. 4 billion) for the quarter, an increase of 20% over the same period a year ago. 3 billion yuan (US$21. 3% and is Prosus has had its share of attention in the value forums, at least partially because Mohnish Pabrai said he sold BABA to buy it. Tencent Holdings (TCEHY, Financial) (HKSE:00700, Financial) is a Chinese tech investment holding company. This brings the company's revenue in the last twelve months to 643. Historically, the Hong Kong Stock Market Index (HK50) reached an all time high of 33484. Tencent (TCEHY) Q3 2024 Earnings Call Transcript. Tencent has repurchased nearly $7. 02 (0. Interactive stock price chart for Tencent Holdings Limited (TCEHY) with real-time updates, full price history, technical analysis and more. particularly after Lehman's collapse The Dividend Yield % of Tencent Holdings Ltd(TCEHY) is 0.
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