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TENCENT HOLDINGS
AI chipmaker Enflame sets subscription date for near $900 million Shanghai IPOThe chipmaker, backed by technology company Tencent Holdings , will issue 43.04 million new shares, representing a 10% stake in its enlar...- Global Market: China stocks rise on AI optimism; Hong Kong shares mostly flatChinese mainland stocks advanced, led by optical communications and technology shares, as strong AI demand forecasts boosted sentiment. Hon...
- China's Tencent posts 11% second-quarter revenue rise, profit misses estimatesFor the three months ended June, the Shenzhen-based gaming and internet company reported revenue of 204.8 billion yuan ($30.36 billion), ...
- Global Market: Zhongji Innolight shares slip in Hong Kong debut after record $6.8 billion IPOChinese optical component maker Zhongji Innolight fell up to 8% in its Hong Kong listing debut on Thursday after raising HK$53.4 billion ($...
- Chinese tech firm manager sacked after leaked payslip reveals his approximately Rs 5 crore salaryA manager in China has been fired after his 4.5 crore salary became publicly known, per SCMP. Tencent dismissed the employee, identified as...
- Global Market: Chinese stocks slip as AI, chip shares extend correction; defensive sectors offer supportChinese stocks declined on Thursday as AI and semiconductor shares extended their correction amid profit booking in expensive technology na...
- Global Market: Chinese stocks advance on AI, chip rally; Hong Kong shares slipChinese mainland stocks advanced, led by gains in AI, semiconductor and metal shares, while Hong Kong equities declined as investors booked...
- China's DeepSeek to raise fresh capital at $74 billion valuation ahead of onshore IPOThe plan comes just weeks after the Hangzhou-based company, which drew global attention with its low-cost AI models in 2025, raised about $...
- Chinese filing implies DeepSeek valuation of around $52 billionThe stock-exchange filing offers rare public evidence about the pricing and investor lineup of DeepSeek's maiden external fundraising, whic...
- China's DeepSeek to raise fresh capital at $74 billion valuation ahead of onshore IPOThe plan comes just weeks after the Hangzhou-based company, which drew global attention with its low-cost AI models in 2025, raised about $...
- Udaan avoids bankruptcy, reaches agreement with offshore creditors to settle $178 million claimBlackrock, world’s largest asset manager has agreed to provide $45 million of fresh credit facility. The restructuring will also include up...
- DeepSeek’s Liang Wenfeng tops Dario Amodei and Greg Brockman as richest AI founderLiang is now worth $36 billion, up from about $16.7 billion previously, according to the Bloomberg Billionaires Index. That ranks him well ...
- Tencent unit seeks up to $1.55 billion from short-video company Kuaishou share saleThe Tencent unit is offering about 273 million Kuaishou Class B shares at HK$43.15 ($5.50) to HK $44.53 each. The range values the sale at...
- Global creditors drag Udaan's parent to bankruptcy court in Singapore after $170-million bond defaultInsolvency petition filed this week, A&M appointed as liquidator of B2B commerce company. Ten year old co has seen valuations crash 70% as ...
- Tencent tests AI assistant for its super app WeChat in ChinaKnown as Weixin in China, the super app has made the new AI assistant available to a small number of users, according to a statement from W...
- Tencent working on mobile version of hit console game 'Elden Ring'China's Tencent Holdings is working on a mobile version of the popular action role-playing game "Elden Ring". Tencent acquired the licensin...
- China's Tencent says it is internally testing its 'Hunyuan' AI modelChina's Tencent Holdings said that its self-developed artificial intelligence (AI) model has entered the internal testing stage and is now ...
- Tencent resumes growth, posts $21.9 billion revenue in December quarterTencent Holdings Ltd.’s revenue inched up after two quarters of contractions, fueling hopes that Beijing will again allow the world’s large...
- China's Tencent starts new round of layoffs: reportLayoffs will affect three out of Tencent's six business divisions - platform and content (PCG), which comprises of its video and news platf...
- Google scouts for buys to expand in southeast AsiaGoogle may buy tech assets to expand in SE Asia, following Internet operators including Tencent Holdings and Living-Social in acquiring cos.
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