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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
Young viewers in China are increasingly drawn to dating reality shows which feature older contestants. Since 2018, China has embraced the genre, influenced by South Korean formats. Photo: SCMP composite/Shutterstock/Weibo
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Why young China viewers are being drawn to dating shows with older contestants

South Korean-influenced reality shows rise in popularity, in part driven by mature women who are brutally honest about the men taking part.

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Editorial | China could benefit from AI disruption to software-as-a-service sector

It seems likely the AI industry will simply swallow up the SaaS sector in China without too much financial or employment damage.

Open AI and Anthropic have promised to deploy autonomous AI agents to replace enterprise software by performing tasks at the same level or better, causing a sharp fall in the stock prices of several software companies. Photo: Reuters
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Hong Kong stocks hit 1-week high as Japan election helps sentiment

The election results clear the way for more fiscal stimulus, reinforcing a bullish outlook for stocks.

Artificial intelligence

US software rout spills over to China’s SaaS sector

The software sector in China has long been constrained by slower cloud adoption and a weaker appetite for recurring subscription fees.

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Artificial intelligence

Sweet surge: Qwen overtakes Yuanbao after Alibaba’s bubble tea campaign

More than 10 million free orders put Alibaba’s AI app in the spotlight amid a high-stakes battle for Spring Festival attention.

More than 10 million free orders were placed within nine hours of the campaign, overwhelming many stores in mainland China. Photo: Handout
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Hong Kong stocks drop as mainland tech firms, metals and crypto slide

Hang Seng Index follows US declines as AI worries and falling prices for gold, silver and cryptocurrency rattle investors.

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Baidu unveils first-ever dividend and US$5 billion buy-back amid AI race

In a move designed to steady investor nerves, Baidu signalled a shift towards more predictable payouts as AI spending continues to rise.

Artificial intelligence

When context is everything, AI models still struggle in the real world: Tencent

Despite rapid advances, today’s top AI models are still “brittle” in messy, real-world environments, according to new Tencent research.

Tencent research says that AI models will remain ‘brittle’ until contextual learning is conquered. Photo: Shutterstock
Artificial intelligence

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’.

A post from WeChat said user complaints prompted it to block links from the chatbot’s campaign. Photo: Shutterstock
Hong Kong stock market

Hong Kong stocks gain as tax worries abate, solar sector rallies on Musk plans

‘Broader VAT hikes on private services are unlikely in 2026 and would run counter to reflation efforts,’ Morgan Stanley says.

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Compact AI model from China’s StepFun outshines rivals from DeepSeek, Moonshot

StepFun says its lightweight model Step 3.5 Flash aims to redefine efficiency and reasoning in China’s growing AI race.

Hong Kong stock market

Chinese energy drink maker Eastroc’s shares debut flat in Hong Kong

Eastroc, which raised US$1.3 billion in city’s biggest IPO so far this year, draws strong retail demand amid heightened regulatory scrutiny.

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

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.

Tencent’s Yuanbao has launched a campaign that gives out cash through digital red packets. Photo: Shutterstock
Artificial intelligence

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.

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.

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Hong Kong stock market

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.

China Telecom’s booth is seen at the Mobile World Congress trade show in Barcelona on March 3, 2025. Photo: Shutterstock
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Chinese start-up Moonshot AI on Tuesday released its latest artificial intelligence model, Kimi K2.5. Photo: Shutterstock
Semiconductors

Beijing weighs H200 imports amid uncertainty for China tech giants

More than 400,000 H200 chips reportedly approved for ByteDance, Alibaba and Tencent as China balances AI needs with tech self-reliance push.

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The first batch of Nvidia chip shipments is expected to go to China’s Big Tech companies. Photo: Shutterstock
Artificial intelligence

Price rises on horizon for Chinese cloud firms after Google, AWS set new rates

Surging AI workloads, memory prices push Chinese cloud providers to consider increases after global peers act.

Artificial intelligence

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

Merger of Wenku and Wangpan into a new AI unit comes as tech firms race to turn their services and apps into the next ‘super app’.

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.

Tencent Holdings has signalled a steady approach to tech development. Photo: Shutterstock
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.

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.

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