Tencent Holdings
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Tencent Holdings

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Ma Huateng
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
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
Robotics start-up AgiBot is attracting big-name investors amid China’s humanoid robot craze. Photo: Reuters
Robotics

Chinese robotics star Agibot adds JD.com as investor, joining Tencent

After a new funding round, e-commerce giant JD.com holds a 0.75 per cent stake in AgiBot, a high-flying start-up founded by Huawei veterans.

DeepSeek

China’s DeepSeek closes in on US rival OpenAI with upgraded model

Hong Kong stock market

Hong Kong stocks trim monthly gain as US tariff rulings roil markets

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Hong Kong stock market

Hong Kong stocks jump as US blocks Trump’s tariffs in win for global trade

Hang Seng Index approached a two-month high on bets global trade relations and market sentiment will improve.

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A screen showing the Hang Seng Index in HKEX Connect Hall in Central. Photo: Sun Yeung
Alibaba

Alibaba’s healthcare AI model on par with senior physicians in medical exams

Benchmark data provided by Quark indicates the healthcare model outperformed DeepSeek’s R1 and V3, and OpenAI’s GPT-4o, in test accuracy.

US-China relations

WeChat denounced for complicity in US fentanyl crisis by North Carolina official

Jeff Jackson, the US state’s attorney general, says Chinese social media app facilitates money laundering that helps fuel illicit trade.

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Tencent Music

Tencent raises K-pop exposure by buying BTS agency Hybe’s SM Entertainment stake

The nearly 10 per cent stake, valued at about US$180 million, would mark Tencent’s first major deal in South Korea’s music industry in years.

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Tencent Holdings is betting on the South Korean music industry’s continued growth, as it acquires a nearly 10 per cent stake in K-pop giant SM Entertainment. Photo: Shutterstock
Artificial intelligence

ByteDance upgrades Doubao AI app with real-time interactive video call function

The chatbot can now serve as a real-time interactive docent during a museum tour and an analyst when studying charts, graphs or videos.

Hong Kong stock market

Hong Kong stocks slide from 2-month high on China’s economic, earnings concerns

Electric-vehicle makers led losses on concerns fresh price cuts by BYD would prolong a price war, pressuring margins and earnings.

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Alibaba

Alibaba’s Amap offers ride-hailing function catering to China’s foreign visitors

Amap’s ride-hailing feature, available on the platform’s English version, reflects support for China’s visa-free travel scheme.

Amap’s ride-hailing feature will initially accept users’ registered mainland, Hong Kong and Macau phone numbers. Photo: Shutterstock
Video gaming

Genshin Impact creator taps AI to create fresh video games

Cai Haoyu, billionaire founder of miHoYo, is using AI and developers poached from major Western companies to create interactive media.

Genshin Impact by miHoYo, whose founder is investing in AI and other cutting-edge technology to create fresh content for video games. Photo: Shutterstock
Hong Kong stock market

Hong Kong stocks are better bets than mainland peers with 18% upside: JPMorgan

Stocks in Hong Kong are cheaper and backed by stronger earnings performance, attracting mainland-based fund managers.

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Artificial intelligence

China accuses ‘AI tigers’ Zhipu, Moonshot of collecting excessive data

Zhipu’s ChatGLM and Moonshot’s Kimi have a combined total of nearly 35 million monthly active users.

Video gaming

Chinese esports giant NIP sets global targets 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.

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
Chinese culture

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

While investment in cultural heritage is declining in the US and other countries, the ‘unique’ Chinese model is flourishing, observers said.

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Illustration: Davies C. Surya
Artificial intelligence

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

Washington’s latest chip export controls could widen the gap in AI adoption between China and the US, Tencent Cloud’s Wang Qi says.

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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.

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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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A worker prunes plants near a statue of a bull outside at Exchange Square in Central, headquarters of Hong Kong’s stock exchange operator, on May 10, 2025. Photo: Edmond So
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.

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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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.

Workers sort packages for delivery at a JD.com warehouse in Beijing on November 11, 2024. Photo: AFP
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.

AI start-up StepFun is doubling down on multimodal models to stand out from the competition. Photo: Handout
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.

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.

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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China accounted for US$17 billion in revenue, or 13 per cent of Nvidia’s total sales, in the firm’s financial year ended January 26. Photo: Shutterstock
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.

Chinese video game studios are doubling down on exporting high-quality titles to overseas markets. Photo: Shutterstock
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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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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