Tencent Holdings Ltd. Stock News

Tencent stock price had a good performance in 2024 as it became one of the best performers in the Hang Seng index. It has jumped by 40% this year, helped by the rebound in some prominent Chinese technology companies.

Tencent Holdings (HKG:0700, OTC:TCEHY) Ltd and Honor Devices Co have unveiled a long-term partnership around cloud and artificial intelligence (AI) development. Chinese smartphone maker Honor will adopt Tencent's cloud infrastructure under the deal, including for the likes of analytics and search tools.

Two Tencent-appointed board members have stepped down from Epic Games' board following concerns raised by the US Department of Justice (DOJ). The DOJ stated that their roles on the boards of both Epic Games and Tencent, a competitor, violated Section 8 of the Clayton Act, which prohibits interlocking directorates.

Apple is in talks with Tencent and TikTok owner ByteDance about integrating their artificial intelligence models into iPhones sold in China, according to three sources familiar with the matter.

Two directors of Epic Games, who had been appointed by Chinese gaming and social media firm Tencent Holdings , resigned from Epic's board after the U.S. Justice Department's antitrust division expressed concerns that their positions on both the Epic and Tencent boards violated U.S. law, the Justice Department said on Wednesday.

Shares of Chinese consumer tech-oriented names Tencent Holdings (TCEHY 5.77%), Baidu (BIDU 9.23%), and Futu Holdings (FUTU 22.47%) rocketed higher on Monday, up 5.5%, 10.1%, and 21.9% as of noon ET.

BEIJING , Dec. 3, 2024 /PRNewswire/ -- Tencent today announced the launch of the CarbonX Program 2.0, the latest phase of its initiative to drive the next generation of climate technologies and essential capabilities needed for a net-zero world by 2050. After a successful first iteration focusing on China-based projects, CarbonX 2.0 is now recruiting promising innovations from around the world ...

South African technology investor Naspers posted a 90.5% jump in its half-year core headline earnings, driven by accelerated growth and improved profitability of its e-commerce businesses and contribution from China's Tencent.