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
The annual Spring Festival Gala has become a key marketing battleground for China’s Big Tech companies. Photo: CCTV
Robotics

Tech giants go prime time in the fight for China’s biggest audience

ByteDance, Tencent and Alibaba are in talks over Spring Festival Gala sponsorship packages, as AI rivalry becomes a fight for ad real estate.

Artificial intelligence

ByteDance, other major Chinese tech firms lead local consumer AI market: report

Alibaba

Alibaba’s DingTalk rolls out Agent OS as it bets bigger on AI agents

Hong Kong stock market

Hong Kong stocks reverse gains as investors take profits before Christmas break

Losses in tech heavyweights like Kuaishou, Tencent and Xiaomi pull Hang Seng Index lower after advancing in the morning session.

Tourists take photos under the Christmas decorations outside the Ocean Terminal in Tsim Sha Tsui. Photo: Jelly Tse
China stock market

Goldman forecasts continued growth for Chinese stocks in 2026 as risks fade

The US investment bank, having correctly predicted the stock market gains this year, expects the bull run to continue, but at a slower pace.

IPO

Chinese GPU maker Biren kicks off bookbuilding for US$624 million Hong Kong IPO

The company, which is selling 247.7 million shares between HK$17 and HK$19.60 each, will become the first listing of 2026 on January 2.

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US-China relations

US lawmakers want DeepSeek, Xiaomi added to list of China military-linked firms

Republicans want to add 19 more entities to the document that already includes tech giant Tencent Holdings and major ‍battery maker CATL.

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A letter, from US lawmakers asks for AI firm DeepSeek and other Chinese companies to be put on what is known as the Section 1260H list. Photo: Reuters
Mobile gaming

China’s video game sales reach record amid overseas expansion, AI investment

In 2025, China is expected to surpass the US as the world’s largest gaming market, with revenue of US$53.2 billion, according to Newzoo.

Hong Kong stock market

Hong Kong stocks cap longest win streak in 3 weeks as US inflation cools

Soft US inflation data strengthens the case for monetary easing as the Hang Seng Index gains for a third day.

Artificial intelligence

AI agent maker Manus hits US$100 million revenue milestone in 9 months

Manus 1.5, launched in October, boasts improvements in speed and reliability across research and web development tasks.

Manus claims to be the first general-purpose AI agent capable of reliably carrying out tasks autonomously on behalf of users. Photo: Shutterstock Images
Hong Kong stock market

Hong Kong stocks tread water as tech giants stumble on AI bubble jitters

Hang Seng Tech Index slides after US equities slump, while investors await inflation report.

The Hang Seng Index falls 0.3 per cent in early trading on Thursday. Photo: Jelly Tse
Artificial intelligence

Tencent shakes up AI operations, names recent recruit as chief AI scientist

Vinces Yao Shunyu now serves as chief AI scientist under the CEO’s office, reporting directly to Tencent president Martin Lau.

Mainland China

Why retailers are beating a hasty retreat from mainland China

Hong Kong retailer Mannings will cease online operations from December 26 and close its physical stores after January 15.

5
Hong Kong stock market

Hong Kong stocks slump to 3-week low as China growth jitters dampen sentiment

Caution prevails as investors weigh China’s growth prospects after key economic data showed a deceleration across the board.

A general view of the Hong Kong stock exchange. Photo: China News Service/VCG
Ant Group

China fintech giant Ant upgrades AI health app to tap eldercare, wellness demand

App AQ integrates Apple and Huawei devices, adds family health profiles and smart reminders to boost user engagement.

Ant Group’s AI health app AQ has accumulated 15 million monthly active users since its launch in June 2025. Photo: Handout
Artificial intelligence

Why Nvidia chip is unlikely to derail ambitions of China’s Huawei, Moore Threads

China’s huge demand for AI computing power leaves room for growth for both US and domestic chips, analysts say.

12
Hong Kong stock market

Hong Kong stocks slide after China data shows growth running out of steam

China’s November retail sales miss estimates, while falling housing prices show no signs of slowing down.

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Science

Open Questions | Sci-fi writer Liu Cixin on why he’ll be happy if AI surpasses humans

Acclaimed author of the Three-Body trilogy also discusses his ‘dark forest’ theory, and the struggle to come up with original ideas.

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Illustration: Davies Christian
Artificial intelligence

Alipay and Rokid open up AI payment function on smart glasses to developers

The function has been made available to participants in the Rokid Spatial Joy 25 Global AR and AI Developer Competition.

China Future Tech briefing

AI | China chases superintelligent AI without sci-fi movie risks

AI systems with human-level intelligence, or higher, offer the promise of solutions to humanity’s biggest challenges but the risk of humans losing control.

IPO

China’s generative AI tiger MiniMax pursues Hong Kong IPO to expand global reach

Hong Kong equity market offers platform for mainland Chinese AI firms seeking international investors amid intensifying domestic competition.

MiniMax plans to beef up its research and development. Photo: Handout
Hong Kong stock market

Hong Kong stocks end flat as traders await policy signals from China conference

Investors look to CEWC for growth target, property sector stabilisation and measures to boost domestic demand.

The Hang Seng Index edges down less than 0.1 per cent on Thursday. Photo: Jelly Tse
Artificial intelligence

Alibaba creates new unit to push consumer use of its Qwen AI models

Significant organisational change underlines company’s determination to turn the Qwen chatbot into a ‘super app’.

China’s private sector

Tencent quits Paramount’s Warner Bros bid amid US regulatory concerns

Tencent has been dropped as a financing partner from Paramount Skydance’s US$108 billion hostile bid for Warner Bros Discovery.

Smartphones

Z.ai open sources AI agent tool for phones after ByteDance privacy backlash

Beijing-based Z.ai said its work in ‘teaching AI how to use a smartphone’ dates back to early 2023.

In a demonstration at the time of its release, Z.ai’s AutoGLM was able to complete tasks such as ordering coffee and making online purchases. Photo: Shutterstock Images
Hong Kong stock market

Hong Kong stocks retreat as Fed decision looms and investors await China signals

Hang Seng Index falls 1.2 per cent as traders weigh US Federal Reserve rate cuts and Beijing’s 2026 policy priorities.

The Hang Seng Index swings between gains and losses on Monday. Photo: China News Service
Shenzhen

China’s land-starved Shenzhen moving massive landfill to make more space

At the centre of the city, where open land is scarce, trucks are removing 6,000 cubic metres of waste a day to free up 30 valuable hectares.

Hong Kong stock market

Hong Kong stocks secure weekly gain ahead of key rate meetings

In addition to rate decisions in US and Japan, traders will watch Beijing’s economic work conference this month for potential catalysts.

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