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Tencent ( OTCPK:TCEHY ) ( OTCPK:TCTZF ) has repurchased 1.27M in a transaction valued around HK$352M, according to a filing to the Stock Exchange of Hong Kong. The company paid HK$275.2-HK$282.4 a piece for the shares, representing 0.01326% of issued share capital. Tencent...
Summary Developing markets social media company Asia Innovations is planning a U.S. SPAC listing that could provide it with up to $350 million in new funds. Social media company’s executive team, including co-founder and CEO Andy Tian, all come from China tech and media bac...
Summary We contend that the open metaverse will eventually be loosely defined as any interactive, digital recreation or commerce that resembles either real–world or fantastical experiences, and is interoperable with bitcoin, stablecoins, or other digital assets. Interoperab...
Summary There seems to be little disagreement among bulls and bears that both Alibaba and Tencent are in value territory. A fundamental disagreement between many bulls and bears is simply this: can value investing work in China? It is a completely logical question. The fact th...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips All eyes are on Nio (NYSE: NIO ) ahead of its Nio Berlin 2022 event on Oct. 7. At the event, Nio will introduce the ET5, ET7 and ES7 models to the European market, marking further expansion into foreign markets. In ...
Summary Following a decade of turbocharged outperformance in the early 2000s, emerging-market stocks have been mired in a protracted losing streak versus their developed-market peers. Both developed and developing equity markets have been grappling with the extreme economic disloc...
Summary We analyzed the impact to Nvidia following the confirmation by the company of the U.S. government’s restrictions on data center product sales to China. We examined revenue breakdown by geographic segment which represented 26.4% of revenues from China, but Nvidia onl...
Summary The TikTok parent will buy back up to $3 billion of its own shares at a valuation of about $300 billion, even as China’s second largest internet company also faces major geopolitical headwinds. Data security concerns have stalled an overseas IPO plan by TikTok paren...
Swarmio Media and Globe Telecom Partner with PUBG MOBILE to Promote the Globe Gamer Grounds Platform in the Philippines Canada NewsWire PUBG MOBILE is one of the most popular mobile games in the Philippines , with over one million monthly active users. PU...
Chinese tech conglomerate Tencent ( OTCPK:TCEHY ) is looking at selling some of the stakes it owns in other Chinese internet companies to help pay for additional stock buybacks and refocus the company for growth, The Wall Street Journal reported . The news outlet, citing peo...
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Tencent Launches Immersive Digital Experience of Newest World Heritage Site with Gametech PR Newswire The Beijing Central Axis is now ready for digital visitors from around the world SHENZHEN , China , July 27, 2024 /PRNewswire/ -- Tencent (0700.HK...
Tencent Deploys AI to Help Researchers Decipher Hidden Meanings in Oracle Bone Scripts PR Newswire Online research platform Oracle Bones Corpus welcomes contributions from researchers and enthusiasts SHENZHEN, China , May 28, 2024 /PRNewswire/ -- Tencent&...