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Tencent Holdings
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Tencent Holdings

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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
Ma Huateng
CEO / Managing Director
Ma Huateng
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
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In a move designed to steady investor nerves, Baidu signalled a shift towards more predictable payouts as AI spending continues to rise.

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Compact AI model from China’s StepFun outshines rivals from DeepSeek, Moonshot

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Hong Kong stock market

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Eastroc, which raised US$1.3 billion in city’s biggest IPO so far this year, draws strong retail demand amid heightened regulatory scrutiny.

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Artificial intelligence

Red packet rumble: will Tencent’s cash giveaway work again in crowded AI market?

Analysts say strong competition from ByteDance, DeepSeek, Ant Group and Alibaba may prevent Tencent’s Yuanbao from repeating WeChat glory.

Tencent’s Yuanbao has launched a campaign that gives out cash through digital red packets. Photo: Shutterstock
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Alibaba’s Qwen ramps up AI app race with Spring Festival giveaway blitz

Alibaba unveils US$432 million campaign to push mass-market adoption of its AI as rivalry with Tencent, Baidu and ByteDance intensifies.

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China’s AI labs race to debut latest models before Lunar New Year

More firms expected to follow Alibaba and Moonshot with model releases, as the festival becomes a key period to establish visibility.

Hong Kong stock market

Hong Kong stocks drop by most since November, led by mining, telecoms

Telecommunications firms drop after Chinese authorities raise value-added taxes, denting profit expectations.

China Telecom’s booth is seen at the Mobile World Congress trade show in Barcelona on March 3, 2025. Photo: Shutterstock
Artificial intelligence

China tech giants ByteDance and Alibaba to ramp up AI infrastructure efforts

The two firms’ actions are poised to further intensify the global AI arms race.

ByteDance CEO Liang Rubo wants to optimise efficiency across the firm’s AI infrastructure. Photo: Shutterstock
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China’s cloud giants race to support Moltbot, the ‘AI that actually does things’

Hyperscalers embrace the AI agent, which can execute tasks without step-by-step instructions, but privacy concerns loom large.

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Moonshot’s newest release narrows US-China AI model development gap: analysts

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Beijing weighs H200 imports amid uncertainty for China tech giants

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The first batch of Nvidia chip shipments is expected to go to China’s Big Tech companies. Photo: Shutterstock
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Artificial intelligence

China’s Baidu merges key app businesses to drive consumer AI push

Merger of Wenku and Wangpan into a new AI unit comes as tech firms race to turn their services and apps into the next ‘super app’.

Artificial intelligence

Geely-linked veteran Yin Qi joins Chinese AI start-up StepFun as chairman

StepFun closes US$690 million B+ funding round as the company doubles down on “physical AI”.

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Artificial intelligence

Tencent’s Pony Ma teases new AI social feature for Yuanbao app

The Shenzhen-based firm is sharpening its AI strategy and talent pipeline, after acknowledging rivals are reshaping the pace of development.

Tencent Holdings has signalled a steady approach to tech development. Photo: Shutterstock
Robotics

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CEO of world’s most valuable company receives rock-star welcome as Beijing appears ready to allow imports of the H200 GPU to resume.

Jensen Huang hands out tangerines at Nvidia’s annual Lunar New Year celebration in Shanghai on January 24, 2026. Photo: Handout
Artificial intelligence

Next level: why China’s game makers are quietly bankrolling generative AI

From scripts and storylines to customer service and user-generated worlds, developers are deploying LLM tools across the gaming pipeline.

Peacekeeper Elite, also known as Game for Peace, by Tencent Holdings. Photo: Handout
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Nvidia CEO tours Shanghai amid fresh signs of China thaw

Huang’s Lunar New Year trip comes as the H200 AI chip faces US export rules and an uncertain China import stance.

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Semiconductors

Alibaba, Baidu’s IPO plans for AI chip units bolster China’s self-reliance drive

Alibaba’s T-Head and Baidu’s Kunlunxin intensify competition to unseat Nvidia as China’s top supplier of high-performance AI chips.

WeChat

Tencent crackdown on third-party WeChat backup tools sparks privacy debate

WeChat offers its own storage management feature, but some use third-party services for more functionality.

WeChat’s every move – from technical updates to policy changes – is closely watched and scrutinised on the mainland. Photo: Shutterstock Images
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Bubble tea chain Mixue Bingcheng joined the ranks of China’s top 100 listed companies in the first half of last year. Photo: Reuters
Artificial intelligence

China’s ‘infrastructure first’ effort a major edge in AI arms race: Davos panel

A rapid energy buildout and strategic data centre expansion give China unique advantages in developing its AI industry.

IPO

China’s Busy Ming to test investor appetite with Hong Kong IPO

Snack and drink retailer aims to raise up to US$428 million, but listing plan comes amid weak mainland domestic demand.

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