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00700 TENCENT
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About TENCENT Company
Tencent uses technology to enrich the lives of internet users. The company's social networking and messaging platforms WeChat and QQ connect users to a diverse range of digital content, including games, videos, music, and literature. Tencent's self-developed target user targeting technology helps advertisers reach hundreds of millions of Chinese consumers. In terms of infrastructure services, Tencent provides different products in the fields of mobile payments, network security, cloud services, and artificial intelligence to promote business growth for partners. Tencent invests heavily in talents and promotes technological innovation in order to develop together with the Internet industry. Tencent was founded in 1998 in Shenzhen, China. Tencent Holdings (00700.HK) is listed on the main board of the Hong Kong Stock Exchange.
Revenue Breakdown
News
Repurchase collection on December 6 | Tencent Holdings, HSBC Holdings, etc. have repurchased one after another. Among them, Tencent Holdings spent HK$403 million
According to Hong Kong Stock Exchange's December 7 disclosure documents, $Tencent Holdings (00700.HK) $ and $HSBC Holdings (00005.HK) $ have repurchased shares. ① $Tencent Holdings (00700.HK) $ repurchased 1.3 million common shares on December 6, involving an amount of HK$403 million. The repurchase price per share ranged from HK$314.8 to HK$302.8 million. The cumulative number of securities repurchased so far this year (since the adoption of the General Resolution) was 107 million shares, accounting for 1.114% of the number of shares issued at the time the General Resolution was passed. ② $HSBC Holdings (00
Express News | Tencent Holdings announced that it spent about HK$402 million to repurchase 1.31 million shares on the same day.
Express News | Moody's: Lowering the ratings of 18 Chinese companies including Tencent and Ali to negative