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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
A post from WeChat said user complaints prompted it to block links from the chatbot’s campaign. Photo: Shutterstock
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Tencent’s giveaway campaign for AI chatbot Yuanbao blocked – by WeChat

Units clash as super app blocks links from AI chatbot’s US$144 million promotion for ‘impacting user experience and causing harassment’.

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Eastroc’s IPO attracted 16 cornerstone investors, who subscribed to about 49 per cent of the offer. Photo: Handout
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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.

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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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Artificial intelligence

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.

A mobile phone’s screen shows the logo of China’s Zhipu AI in Beijing on January 21, 2026. Photo: AFP
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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.

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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.

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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.

The global AI industry is moving towards developing AI agents capable of autonomously executing tasks on behalf of users. Photo: Shutterstock
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Moonshot’s newest release narrows US-China AI model development gap: analysts

Kimi K2.5 raises questions about the potency of US controls on advanced chips to constrain China’s AI efforts, Brookings’ Kyle Chan says.

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Chinese start-up Moonshot AI on Tuesday released its latest artificial intelligence model, Kimi K2.5. Photo: Shutterstock
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Beijing weighs H200 imports amid uncertainty for China tech giants

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

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Baidu’s move marks one of its largest reorganisations in the past two years. Photo: Shutterstock
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”.

StepFun has wrapped up a 5 billion yuan (US$690 million) Series B+ funding round and sharpened its focus on so-called “physical AI”. Photo: Handout
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.

Robotics

Chinese tech giants Tencent and Baidu join fight for Spring Festival spotlight

The two companies launch digital red packet campaigns following tie-up moves by ByteDance and Alibaba with CCTV’s Spring Festival Gala.

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IPO

Chinese drinks maker Eastroc’s US$1.3 billion Hong Kong IPO gives it wings

Shanghai-listed firm is selling 40.9 million shares for HK$248 each, which would give it a market cap of about US$21 billion.

China’s Eastroc Beverage makes an alternative to Red Bull on the mainland. Photo: Handout
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A photo circulating on social media shows Nvidia CEO Jensen Huang touring a grocery market in Shanghai. Photo: RedNote
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.

Alibaba Group Holding’s chip design unit, T-Head, is said to be preparing to go public. Photo: Shutterstock
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.

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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.

China’s “AI Plus” panel discussion at the World Economic Forum on Wednesday included, from left, moderator Guan Xin, Tencent Holdings’ Dowson Tong, Moonshot AI’s Zhang Yutong and Nankai University’s Gong Ke. Photo: SCMP
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China’s Busy Ming to test investor appetite with Hong Kong IPO

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Hong Kong’s IPO market has had a record January with 11 new listings raising more than US$4.3 billion. Photo: Nora Tam
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Hong Kong dollar and yuan bonds forecast to sustain record growth in 2026

Issuers and investors flock to Hong Kong dollar and yuan bonds, backed by deep liquidity and diverse yield curves.

Artificial intelligence

Ant-backed Chinese AI agent developer DeepWisdom aims to help solo entrepreneurs

The system, powered largely by open-source AI models, seeks to deliver a finished product without the user writing a single line of code.

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