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Tencent Holdings
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 / company

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
Kuaishou expects Kling AI revenue to more than double in 2026, its co-founder and CEO Cheng Yixiao said in March. Photo: Shutterstock Images
Artificial intelligence

Kuaishou beats estimates as Kling AI video tool’s revenue jumps 300%

AI unit has annual recurring revenue run rate of roughly US$500 million, Kuaishou says.

Artificial intelligence

How does China regulate AI while the US pulls back on oversight under Trump?

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How Shenzhen’s growing population defies expectations in China’s changing cities

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Hong Kong stock market

Hang Seng Index review to boost market capitalisation by 4.5%: analysts

Tencent, BeOne Medicines, Baidu and NetEase may lure fund inflows between US$200 million and US$1 billion, due to index weighting changes.

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Hong Kong regional flag, Chinese flag and HKEX flag fly outside the Exchange Square in Central. Photo: Yik Yeung-man
Hong Kong stock market

China AI firms Zhipu, MiniMax to join Hong Kong’s Hang Seng Tech Index

Additions to the benchmark Hang Seng Index, meanwhile, increase the number of constituents to 93 as the bourse operator presses ahead with expansion to 100.

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Artificial intelligence

China behind in LLM race but it can still win in AI, ex-Tencent AI lead says

In the AI era, the problem with being a technological follower is the constant risk of having the rug pulled from under you, Liu says.

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China-EU relations

Chinese investment in Europe surges to 7-year high despite rising trade tensions

But study warns that new project pipeline appears to be drying up, as Chinese investors face pressure from both Beijing and Brussels.

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Chinese battery giant Contemporary Amperex Technology Ltd is building a huge new facility in Debrecen, Hungary. Photo: Reuters
US-China trade war

House foreign affairs chair warns AI sales to China could make America a ‘loser’

Brian Mast stressed that American firms must not let the best US technology reach the ‘wrong places’ when it comes to AI industry.

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Artificial intelligence

AMD meeting with China’s vice-premier raises optimism on US AI chips

‘Relatively advanced’ chips to start entering China in second half, as US is ‘pulling back’ on tariff war and tech decoupling, analysts say.

Artificial intelligence

Chinese tech giants race to dominate AI-powered digital gateways

The integration of agentic AI with sites like Taobao and JD.com is reshaping shopping, but the bigger promise is an agent within WeChat.

A Taobao and Tmall display is seen at the Alibaba office in Beijing on April 1. Photo: AFP
US-China tech war

Trump, Xi weigh AI ‘guard rails’ as Nvidia chip exports hang in the balance

Meeting in Beijing, the presidents weighed safety protocols for the rapidly emerging technology, and H200 chip shipments were a ‘sovereign decision’ for ‌China.

Billionaire Elon Musk gestures after attending a welcome ceremony for US President Donald Trump with President Xi Jinping at the Great Hall of the People in Beijing on Thursday. Photo: Reuters
Artificial intelligence

Alibaba, Tencent present a tale of two strategies for AI spending

Alibaba will focus its AI capex on cloud services, while Tencent is prioritising internal demand with its spending.

Mainland China

AI | Tencent misses first-quarter revenue estimates, bets on AI for new growth

CEO Pony Ma told shareholders there was the beginning of a turnaround, but that the company was ‘not yet seated’.

Tencent Music

Tencent wins conditional antitrust approval for US$2.4b Ximalaya acquisition

The State Administration for Market Regulation cleared the deal on Tuesday, but imposed five conditions.

Tencent announced its plan to acquire Ximalaya last June through its subsidiary Tencent Music Entertainment Group. Photo: Shutterstock Images
Artificial intelligence

AI | Kuaishou shares soar as Kling AI eyes US$20b valuation in potential spin-off

The Chinese short-video platform’s shares jumped as much as 10 per cent amid US$20 billion valuation of spin-off, Tencent investor talks.

The logo of Chinese short-video platform Kuaishou is displayed on a smartphone screen in Jinan, Shandong province. Photo: Getty Images
Fifa World Cup 2026

Lionel Messi tipped for Hong Kong return, Argentine gearing up for World Cup

Sports marketing entrepreneur Michael Rocha-Keys hopes former Barcelona star comes back to city in ‘more organised manner’ in the near future.

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Artificial intelligence

China deepens footprint at AI conference despite NeurIPS dispute, US tensions

Alibaba, ByteDance, other Chinese tech giants top paper submissions in conference, quelling worries over geopolitics impacting participation.

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Cybersecurity

China scrambles to close AI cyber gap as Anthropic, OpenAI surge with new models

IDC projects that China’s AI cybersecurity industry will be valued at US$8.7 billion by 2030, a more than 37-fold increase from 2025.

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AI is shifting the global balance between cyber attackers and defenders. Photo: Shutterstock Images
Artificial intelligence

Why foreign buyers are returning after China’s Huaqiangbei makeover

Shenzhen’s electronics hub is riding the AI boom, with curated devices like drones and robots pulling in overseas customers once more.

Artificial intelligence

Exclusive | DeepSeek to soon close first external fundraising in US$50b valuation: sources

Backers include AI-focused affiliates under the third phase of the China Integrated Circuit Industry Investment Fund, sources say.

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TikTok

TikTok invests record US$25b to expand digital infrastructure in Thailand

The Chinese firm will install additional servers and expand data storage infrastructure to support rising demand for digital services.

Evening view of Bangkok from the King Power Mahanakhon building. Photo: Harvey Kong
Artificial intelligence

ByteDance needs to monetise its AI chatbot. But will Chinese users pay?

Doubao’s pay plans mark a turning point for China’s chatbot sector, but user reluctance raises doubts about their viability.

ByteDance faces challenges as it moves to offer paid subscription plans on Doubao amid soaring computing costs. Photo: Shutterstock
Semiconductors

China’s chipmakers rush to embrace DeepSeek’s V4. Which names stand out?

A growing list of Chinese firms – from Huawei to Cambricon – moves fast to integrate DeepSeek’s latest AI model across diverse architectures.

Hong Kong stock market

Chinese AI stocks are surging. So why is Hong Kong’s tech index still falling?

Hong Kong has seen a string of blockbuster listings by Chinese AI firms in recent months. Yet the Hang Seng Tech Index remains deep in a slump.

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Banking & finance

Kazakhstan’s AIFC discussing stock-trading links with Shanghai, Hong Kong

Cross-border trading connections could start with ETFs, says special economic zone’s governor.

A view of the Astana International Financial Centre in Kazakhstan. Photo: Handout
China technology

‘It’s hard to compete’: how China is using AI to churn out 500 dramas per day

In China, micro drama companies are harnessing AI to create shows at jaw-dropping speed and cost – often with the help of lavish subsidies.

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A still from the 2024 Chinese micro drama ‘The Divorced Billionaire Heiress’. China’s micro drama producers are now rapidly integrating AI tools to make production of new shows faster and cheaper. Photo: Handout
Artificial intelligence

Chinese firms face pressure on AI investments as US peers’ spending soars

Largest US companies on track for US$700 billion in AI capital expenditures this year, versus about US$105 billion in China.

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Huawei

Huawei’s HarmonyOS on 55m phones as China steps up push for domestic software

China is seeing a ‘transformative shift’ in the use of domestic software compared with a few years ago, says vice-minister.

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