Tencent
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Tencent

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Ma Huateng
Tencent
Tencent
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
CEO / Managing Director
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
Mario Ho Yau-kwan, the youngest son of the late Macau casino tycoon Stanley Ho Hung-sun, became the youngest founder of a Nasdaq-listed company in Asia when his esports company NIP Group went public in 2024. Photo: X/ NasdaqExchange
Video gaming

Chinese esports giant NIP eyes global expansion with Abu Dhabi expansion

Co-founder Hicham Chahine said a significant portion of NIP’s audience is now outside China, which he called a more ‘developed’ video gaming market.

Chinese culture

International Museum Day: how China is aiming for cultural superpower status

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Artificial intelligence

China’s lack of advanced chips hinders adoption of AI models: Tencent executive

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Artificial intelligence

How AI investments are paying off for Chinese tech conglomerate Tencent

Tencent CEO Pony Ma says strategic AI investments ‘create value for users and society’, while generating substantial returns for the firm.

Tencent Holdings’ artificial intelligence capabilities have made tangible contributions to its businesses. Photo: Shutterstock
Hong Kong stock market

Hong Kong stocks retreat on mixed Tencent results, profit-taking

After an 18 per cent rally on the Hang Seng Index from an April low, investors are worried that the run-up was too fast.

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Hong Kong stock market

Tencent posts strong quarterly revenue as video gaming giant bets big on AI

The tech giant reported US$25 billion in revenue for the first quarter, its largest ever for a three-month period, beating estimates.

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China travel

Foreigners flock to China’s Shenzhen as visa-free entries surge 160%

Visa-free policies have helped the southern tech hub become a popular destination for overseas tourists, particularly from elsewhere in Asia.

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Shenzhen has gained popularity with international tourists, logging a high number of visa-free entries in 2025. Photo: Xiaomei Chen
Hong Kong stock market

Hong Kong stocks jump on strong JD.com results, with Tencent, Alibaba next

‘The tariff episode is expected to have a limited impact on corporate earnings,’ Bocom International analyst says.

Artificial intelligence

China’s StepFun aims to stand out in AI race with multimodal models

Players in China’s AI industry are struggling to differentiate their products after DeepSeek’s success triggered a surge in reasoning models.

E-commerce

Alipay launches voice call to highlight financial security via real identity checks

Alipay and WeChat Pay are the two major digital wallets used in China, holding a combined market share of roughly 90 per cent.

The Alipay logo is seen on a mobile phone in this illustration picture taken June 28, 2023. Photo: Reuters
DeepSeek

DeepSeek founder Liang Wenfeng ‘takes no short cuts’, Li Auto CEO says

That assessment reflects how Liang, an ‘extremely self-disciplined person’, led DeepSeek to become a true innovator in AI.

DeepSeek founder Liang Wenfeng, in the background, follows an open-source approach in AI development. Photo: Shutterstock
Semiconductors

Nvidia modifies H20 chip for China to overcome US export controls: sources

Chinese customers have been notified by Nvidia that it aims to release the downgraded version of the H20 chip in July, sources say.

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Video gaming

China’s video gaming firms bet on overseas revenue growth amid weak home market

Overseas sales of China-developed video games in 2024 increased 13.4 per cent from a year earlier to US$18.6 billion.

Artificial intelligence

DeepSeek’s AI system gets faster with Tencent’s open-source boost

The leading Chinese AI start-up has adopted an open-source technical solution from Tencent, leading to a ‘huge speed boost’.

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DeepSeek says it has used an open-source technical solution from Tencent to improve its AI system. Photo: Shutterstock
US-China tech war

For Nvidia, losing China’s AI market would be ‘tremendous loss’, CEO says

China’s AI market is likely to grow to US$50 billion in the next two to three years, Huang told US broadcaster CNBC.

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Nvidia CEO Jensen Huang is working to preserve his company’s business in the world’s second-largest economy. Photo: Reuters
Hong Kong stock market

Hong Kong stocks rise ahead of US-China trade talks in Switzerland

Hong Kong stocks rise as US-China trade talks seek de-escalation, boosting Hang Seng Index.

Fintech

Alipay and WeChat Pay see booming inbound spending in China for Labour Day

Preliminary data from the country’s two dominant mobile payment apps show two-to-three times the spending from a year ago, much of it from Hong Kong.

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Artificial intelligence

The SMC: what to see at the Shanghai AI incubator visited by Xi Jinping

The Chinese president toured the Shanghai Foundation Model Innovation Centre on Tuesday to highlight the country’s vast potential in AI.

An AI sign at the Shanghai Foundation Model Innovation Centre. Photo: Wency Chen
Semiconductors

Nvidia denies China joint venture report after Jensen Huang’s whirlwind visit

The denial of joint venture plans comes as the US chip giant is trying to navigate its way through an intensifying US-China tech war.

Artificial intelligence

Pony.ai partners with Tencent to provide robotaxi services on WeChat

With access to more than a billion users on Tencent’s platforms, Pony.ai is set to significantly boost its revenue potential.

Semiconductors

Tencent, Alibaba buy Nvidia GPUs from ByteDance stockpile, report says

ByteDance’s rivals are acquiring some of its US$13.7 billion worth of Nvidia’s H20 chips, which are now barred from export to China.

Nvidia’s graphics processing units have become a hot commodity in China as US restrictions on the technology increase. Photo: Nvidia
Hong Kong stock market

Hong Kong stocks rise on Federal Reserve rate-cut hopes

Top Fed officials say the US central bank could respond to signs of economic weakness and lower rates as early as June.

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Hong Kong stocks are headed for their best weekly performance since early March. Photo: Sun Yeung
WeChat

WeChat helps Chinese tourists book tables at 870,000 dining spots across Japan

The Chinese-language version of Tabelog, a popular Japanese restaurant review website, is now available as a mini program on WeChat.

Artificial intelligence

Flurry of Chinese AI updates come amid tightening Nvidia restrictions

Alibaba, Baidu, ByteDance and Tencent have introduced updates to AI agents and visual applications in recent days.

Stocks

Tencent tops Chinese mutual funds’ holdings as Hong Kong stocks gain traction

Some 1,200 mainland Chinese mutual funds held a combined 151 million Tencent shares worth US$9.5 billion at the end of the first quarter.

Tencent was Chinese mutual funds’ top stock holding in the first quarter, according to data from TX Investment Consulting. Photo: Reuters
US-China relations

Opinion | In AI race against US, China is racking up real-world wins

The US may hold the lead in cutting-edge AI tech but China is racking up economic wins with real-world adoption.

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The owner of a sock shop in Yiwu International Trade City uses AI to generate a product introduction video in English on February 25 in Yiwu, Zhejiang province. Photo: China News Service via Getty Images
China birth rate

How this corner of China is still embracing big families amid national decline

While the rest of China attempts to boost birth rates as the population ages, why has the southern province stayed relatively resilient?

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Video gaming

Tencent-backed Hero Esports leverages AI in bid to become global leader

CEO Danny Tang said the esports tournament organiser is pilot-testing AI models, including DeepSeek, in ‘all aspects of the business’.

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