Tencent Holdings
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Tencent Holdings

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Ma Huateng
Tencent Holdings
Tencent Holdings
Headquartered in Shenzhen, Tencent is one of China's and the world's largest internet services companies, with interests in media, entertainment, web and mobile communications, advertising, e-commerce and internet banking.
Chairman / President
Ma Huateng
CEO / Managing Director
Ma Huateng
CFO / Finance Director
John Lo
Industry
Internet
Website
tencent.com
Headquarters address
Tencent Holdings Limited,Tencent Building,30th Floor, Kejizhongyi Avenue,Nanshan, Shenzhen,Guangdong, China
Stock Code
SEHK:700
Year founded
1998
Visitors watch a robot performing during the world robot carnival in Wuhan this week. Photo: Xinhua
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The launch comes amid efforts to leverage rapidly advancing AI technology to improve the capability of robots.

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Artificial intelligence

DeepSeek rekindles US venture capital’s interest in China’s AI scene

Thrive Capital and Capital Group have made separate visits to the country to discuss AI with local companies and funds, sources say.

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Sentiment turns positive after US indexes approach the record high reached earlier this year on stellar jobs data.

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Crime in China

Chinese suspect held after 2 Japanese killed in Liaoning over ‘business grudge’

Tokyo has asked China to ensure the safety of Japanese nationals in the area: Japanese media.

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Two Japanese were reportedly killed in Dalian in northeastern China in May. Japanese media reports that a Chinese national is in custody. Shutterstock Images
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Hong Kong stocks near 2-month high on ‘likely’ Trump-Xi trade talks

Talks between the US and Chinese presidents could take place as early as this week to break the impasse.

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China stock market

Mainland investors set to buy another US$100 billion of Hong Kong stocks: HSBC

Chinese households are poised to deploy some 50 trillion yuan (US$6.5 trillion) of excess savings into stocks in Hong Kong and elsewhere.

Robotics

Chinese robotics star Agibot adds JD.com as investor, joining Tencent

After a new funding round, e-commerce giant JD.com holds a 0.75 per cent stake in AgiBot, a high-flying start-up founded by Huawei veterans.

Robotics start-up AgiBot is attracting big-name investors amid China’s humanoid robot craze. Photo: Reuters
DeepSeek

China’s DeepSeek closes in on US rival OpenAI with upgraded model

Benchmark results cited by DeepSeek show that R1-0528’s performance surpasses Alibaba’s Qwen3 and matches models from OpenAI, Google.

DeepSeek has released more details about its newly upgraded R1 reasoning AI model. Photo: Getty Images/TNS
Hong Kong stock market

Hong Kong stocks trim monthly gain as US tariff rulings roil markets

Losses trimmed the Hang Seng Index’s advance in May to about 5 per cent; Shouhui Group slumped 18 per cent in market debut.

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Hong Kong stocks jump as US blocks Trump’s tariffs in win for global trade

Hang Seng Index approached a two-month high on bets global trade relations and market sentiment will improve.

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Alibaba

Alibaba’s healthcare AI model on par with senior physicians in medical exams

Benchmark data provided by Quark indicates the healthcare model outperformed DeepSeek’s R1 and V3, and OpenAI’s GPT-4o, in test accuracy.

An ad for Alibaba’s Quark is displayed on a 3D screen at a shopping district in Chongqing city, China. Photo: Weibo
US-China relations

WeChat denounced for complicity in US fentanyl crisis by North Carolina official

Jeff Jackson, the US state’s attorney general, says Chinese social media app facilitates money laundering that helps fuel illicit trade.

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Vials of fentanyl pills at a US Drug Enforcement Administration research laboratory in Virginia. Photo: AP
Tencent Music

Tencent raises K-pop exposure by buying BTS agency Hybe’s SM Entertainment stake

The nearly 10 per cent stake, valued at about US$180 million, would mark Tencent’s first major deal in South Korea’s music industry in years.

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Artificial intelligence

ByteDance upgrades Doubao AI app with real-time interactive video call function

The chatbot can now serve as a real-time interactive docent during a museum tour and an analyst when studying charts, graphs or videos.

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Hong Kong stock market

Hong Kong stocks slide from 2-month high on China’s economic, earnings concerns

Electric-vehicle makers led losses on concerns fresh price cuts by BYD would prolong a price war, pressuring margins and earnings.

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BYD drags Hong Kong stocks lower amid reports about a fresh round of EV price cuts. Photo: Reuters
Alibaba

Alibaba’s Amap offers ride-hailing function catering to China’s foreign visitors

Amap’s ride-hailing feature, available on the platform’s English version, reflects support for China’s visa-free travel scheme.

Video gaming

Genshin Impact creator taps AI to create fresh video games

Cai Haoyu, billionaire founder of miHoYo, is using AI and developers poached from major Western companies to create interactive media.

Hong Kong stock market

Hong Kong stocks are better bets than mainland peers with 18% upside: JPMorgan

Stocks in Hong Kong are cheaper and backed by stronger earnings performance, attracting mainland-based fund managers.

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Exchange Square in Central, home to the Hong Kong stock exchange. Photo: Sam Tsang
Artificial intelligence

China accuses ‘AI tigers’ Zhipu, Moonshot of collecting excessive data

Zhipu’s ChatGLM and Moonshot’s Kimi have a combined total of nearly 35 million monthly active users.

Zhipu AI CEO Zhang Peng speaks on stage during the company’s developers’ day in Beijing in January 2024. Photo: Sohu/AGI元年
Video gaming

Chinese esports giant NIP sets global targets with Abu Dhabi expansion

Co-founder Hicham Chahine said a significant portion of NIP’s audience is now outside China, which he called a more ‘developed’ video gaming market.

Chinese culture

International Museum Day: how China is aiming for cultural superpower status

While investment in cultural heritage is declining in the US and other countries, the ‘unique’ Chinese model is flourishing, observers said.

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Artificial intelligence

China’s lack of advanced chips hinders adoption of AI models: Tencent executive

Washington’s latest chip export controls could widen the gap in AI adoption between China and the US, Tencent Cloud’s Wang Qi says.

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Tencent president Martin Lau says the company “just sort of has to manage” the latest US chip export restrictions. Photo: Shutterstock
Artificial intelligence

How AI investments are paying off for Chinese tech conglomerate Tencent

Tencent CEO Pony Ma says strategic AI investments ‘create value for users and society’, while generating substantial returns for the firm.

Tencent Holdings’ artificial intelligence capabilities have made tangible contributions to its businesses. Photo: Shutterstock
Hong Kong stock market

Hong Kong stocks retreat on mixed Tencent results, profit-taking

After an 18 per cent rally on the Hang Seng Index from an April low, investors are worried that the run-up was too fast.

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Hong Kong stock market

Tencent posts strong quarterly revenue as video gaming giant bets big on AI

The tech giant reported US$25 billion in revenue for the first quarter, its largest ever for a three-month period, beating estimates.

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