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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
Since its launch in 2016, Mobile Legends: Bang Bang has amassed more than 1.5 billion downloads. Photo: Handout
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ByteDance sells games studio Moonton to Saudi firm for over US$6 billion

TikTok owner sold three gaming units in 2024 – two to Tencent and one to a subsidiary of China Ruyi Holdings.

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Hong Kong, mainland China stocks tumble as oil shock revives recession worries

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Alibaba and Baidu lift cloud prices by up to 34% amid AI demand surge

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China’s Tencent pledges new wave of AI investment as it bets on WeChat agents

The tech giant reported a 17 per cent increase in net income last year, in line with analysts’ predictions, as fervour over AI agents grips China.

A man walks past the Tencent headquarters in Shenzhen, in China’s southern Guangdong province. Photo: AFP
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Tencent makes OpenClaw-based tool available as WeChat mini-program

Company says users will be able to use mini-program to send commands from smartphones to PCs via audio messages and images.

Hong Kong stock market

Hong Kong stocks extend win streak amid stabilising oil prices despite Iran war

Hang Seng Index rises for a third day, the longest run since January, as Wall Street rally and steadier oil prices boost mood.

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Artificial intelligence

Tencent and Alibaba quarterly earnings preview: key things to watch

Analysts expect steady growth, but investors will focus on AI strategy, capex and signs of monetisation at China’s tech giants.

Shenzhen-based Tencent, operator of China’s largest social media platform and the world’s biggest video gaming business by revenue, is expected to report results on Wednesday after the market closes. Photo: Reuters
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Opinion | Frenzy over AI agent OpenClaw shows the lobster has escaped the pot

AI agents are the next frontier in the tech race, which is rapidly accelerating as the distance between curiosity and adoption is compressed.

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Pony Ma’s new museum takes shape in Shenzhen, led by Pi Li

Rong Museum of Art, a flower-like structure within the M80 Campus in Shenzhen’s Houhai district, will open in 2027.

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Hong Kong stocks edge higher as oil steadies, tracking Wall Street gains

Hang Seng Index advances for a second day amid easing concerns over inflation and geopolitical risks.

A motorist holds a fuel pump nozzle to fill up his car. Photo: AFP
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Tencent sponsors OpenClaw after creator’s complaints of copying

Chinese tech companies are aggressively promoting the deployment of the AI agent amid a nationwide frenzy.

Shenzhen-based Tencent said its team members had contributed code to the open-source project. Photo: Reuters
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Hong Kong stocks advance as tech sector lifts sentiment amid prolonged conflict

Hang Seng Index climbs, driven by tech firms, helping investors look past prolonged Middle East hostilities.

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Hopes of AI monetisation to boost China tech stocks amid war, market scares

Chinese tech stocks prove steadier than regional and US peers, as frenzy over OpenClaw shows a possible way forward, analysts say.

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Inside the OpenClaw AI mania in China, as security fears and enthusiasm surge

Appeal of autonomous AI agent spurs rapid adoption across country, from tech pros to retirees seeking a ‘digital staff’, but data wipes mar its rise and trigger warnings.

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Illustration: Henry Wong
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In a first for China, Neuracle’s brain-computer interface wins approval

China’s BCI start-ups, seen as potential rivals to Elon Musk’s Neuralink, gain momentum as regulatory support and new capital fuel growth.

A man demonstrates a robotic hand with a brain-computer interface at the China International Import Expo on November 7, 2025. Neuracle’s regulatory milestone underscores China’s accelerating push in neurotechnology. Photo: AFP
Apple

Apple reduces App Store commissions in China, to applause from Tencent, NetEase

Move has ‘long-term constructive significance for the overall prosperity of China’s mobile app ecosystem’, gaming company NetEase says.

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Cambricon to pay maiden dividend after turning profitable in 2025

The Shanghai-listed chip designer will distribute a cash dividend of 15 yuan for every 10 shares, its first since listing in 2020.

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Artificial intelligence

OpenClaw frenzy shows hurdles in rewiring China economy

Local governments are proposing incentives for OpenClaw investments even as Beijing seeks to cool adoption of the AI agent.

People queue up in Beijing to have OpenClaw installed on their laptops. Photo: AFP
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China’s financial institutions draw line on OpenClaw as AI frenzy spreads

The automated agent requires unusually high levels of access to user devices, raising security concerns.

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Chinese investors pile into OpenClaw ‘lobster’ trade amid US-Iran war

Shares of companies seen compatible with the AI tool soar, while the broader CSI 300 Index languishes.

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China issues new safety rules for OpenClaw. Here are the dos and don’ts

Authorities outline six dos and six don’ts for OpenClaw users, warning of risks amid an adoption frenzy.

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OpenClaw has gained global traction for its ability to perform tasks on a user’s behalf, such as organising and responding to emails, drafting work reports and preparing slide decks. Photo: Xinhua
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Middle East crisis fuels wild Hong Kong stocks swings from mainland investors

Rapid shifts in cross-border flows show even Hong Kong’s most reliable buyers can amplify market turbulence during geopolitical shocks.

The escalating hostilities in the Middle East have prompted onshore Chinese investors trading Hong Kong’s stocks through cross-border Stock Connect programmes to behave more like short-term day traders. Photo: EPA
Artificial intelligence

China issues second warning on OpenClaw risks amid adoption frenzy

Cybersecurity agency cautions that improper installation and use of the AI agent carry severe security and data risks.

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Chinese tech giants offer cheap, easy access to OpenClaw amid ‘lobster fever’

Shares of Hong Kong-listed MiniMax and Zhipu AI surge after launching OpenClaw tools.

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Chinese local governments offer OpenClaw subsidies as security questions linger

Shenzhen and Wuxi pledge subsidies to fuel OpenClaw adoption even as analysts warn of a ‘tricky trade-off between ease of use and privacy’.

Since its release in late December, OpenClaw has been a runaway success globally. Photo: Shutterstock
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OpenClaw fever: why is China rushing to ‘raise a lobster’?

Chinese consumers are using OpenClaw for everything from stock picking and report writing to slide decks, emails and coding.

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OpenClaw has been dubbed “raise the lobster” by Chinese consumers. Photo: Shutterstock
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China’s DeepSeek teams with Tencent, HKU on AI tool to sharpen 3D design

Open-source Pointer-CAD framework, built on Alibaba’s Qwen 2.5 model, enhances accuracy and efficiency in computer-aided design: researchers.

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Two Sessions 2026

China works to build slow, steady stock markets, rejecting norm of boom and bust

Beijing is emphasising gradual growth in its policies for capital markets, encouraging dividend payouts and drawing a contrast with the West.

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