Will China ease its new video game controls? Investors think soWhen trading resumed after the four-day holiday weekend in Hong Kong, Tencent rose about 4%, and NetEase jumped 12%, recovering some of the...
28 Dec, 2023, 12.55 PM IST
Tencent, NetEase shares rebound after regulators vow to improve proposed rulesIts Hong Kong-listed shares climbed 3% in morning trade after a 12% tumble on Friday. Hong Kong markets were closed on Monday and Tuesday f...
27 Dec, 2023, 09.31 AM IST
Shares of Tencent, NetEase rebound after Chinese regulators vow to improve draft rulesOn Friday, Chinese regulators announced a wide range of draft rules aimed at curbing spending and rewards that encourage video games, spark...
27 Dec, 2023, 09.11 AM IST
Slowdown fears grip China tech despite upbeat salesChinese tech stocks have succumbed to the pull of gravity after investors’ hopes for a swift rebound in growth failed to materialise.
21 May, 2023, 11.55 AM IST
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...
22 Mar, 2023, 03.41 PM IST
Alibaba shares lose $28 billion in sign rally is fizzling outHangzhou-based Alibaba’s gains in January were more than almost any other company in the Hang Seng as it extended its rally from an October...
31 Jan, 2023, 11.36 AM IST
China's video game makers come in from the cold as crackdown easesBeijing's tough curbs in 2021 laid waste to the once-booming industry, shaving over half of the market value of sector leaders like Tencent...
20 Jan, 2023, 01.32 PM IST
European stocks hit two-week high as commodities reboundThe continent-wide STOXX 600 index was up 0.7%, as of 0716 GMT, mirroring a sharp rebound on Wall Street late last week on easing concerns ...
27 Jun, 2022, 01.35 PM IST
China weighs Tencent payments overhaul, new license requirementThe potential move would present a fresh hurdle for Tencent, which along with other internet firms was told in 2021 to cordon off financial...
18 Mar, 2022, 12.28 PM IST
Tencent boss loses $14 billion in rout, more than Jack MaIn a twist that has upended conventional wisdom on the political pecking order of China’s business elite, Tencent Holdings Ltd.’s mild-mann...
04 Aug, 2021, 01.50 PM IST
Market darling Tencent turns into world's worst stock bet with $170 billion wipeoutTencent’s shares rebounded by 7.1% on Thursday morning, tracking broader gains in Chinese stocks after Beijing intensified efforts to allev...
29 Jul, 2021, 02.36 PM IST
China launches antitrust probe into Tencent-backed property broker KE -sourcesKE Holdings, which operates housing platforms Lianjia and Beike in China, was warned last month by the State Administration for Market Regu...
25 May, 2021, 02.19 PM IST
European stocks scale all-time highs with miners in the leadThe pan-European STOXX 600 rose 0.5 per cent by 0720 GMT, adding to gains made earlier this week when the index erased all of its pandemic-...
08 Apr, 2021, 02.14 PM IST
The yuan is Asia’s weakest currencyThe yuan slid as much as 0.53 per cent to 6.9250 per dollar.
14 Oct, 2018, 10.57 AM IST
Tencent's $220 billion rout is breaking all kinds of recordsNot only has the Chinese Internet giant lost more market value than any other company worldwide this year, its 38% drop from a closing high...
09 Oct, 2018, 11.29 PM IST
Hong Kong's drawing a crowd of skepticsVolume of bearish options on Hong Kong's benchmark gauge jumps.
25 Aug, 2017, 08.26 AM IST
South African media giant Naspers looking to India for growthNaspers has decided that it wants to focus its investments in areas with strong internet growth potential rather than in mature markets thr...
11 Sep, 2015, 08.14 AM IST