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tencent

Hong Kong eases listing thresholds for tech firms, SPAC deals in fresh tonic for IPO market

by Anas Siddiqui
Hong Kong eases listing thresholds for tech firms, SPAC deals in fresh tonic for IPO market

Hong Kong’s stock exchange operator is modifying its listing rules to make it easier for specialist technology companies and special-purpose acquisition companies (SPACs) to raise funds from investors, after a …

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Alibaba swaps its listing status in Hong Kong, clears the way for mainland investments

by Anas Siddiqui
Alibaba swaps its listing status in Hong Kong, clears the way for mainland investments

Alibaba Group Holding said it would switch its listing status in Hong Kong, in a technical move that qualifies the technology behemoth to sell shares to China’s 220 million stock …

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Black Myth: Wukong’s popularity brings unexpected windfall, fame to low-profile developer

by Anas Siddiqui
Black Myth: Wukong’s popularity brings unexpected windfall, fame to low-profile developer

Feng’s obsession with Wukong, the Monkey King character from the 16th-century Chinese novel Journey to the West, started as early as his stint at Tencent, the world’s largest video gaming …

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China’s first AAA game Black Myth: Wukong tops Cyberpunk 2077, Elden Ring for Steam players

by Haddis Thomas
China’s first AAA game Black Myth: Wukong tops Cyberpunk 2077, Elden Ring for Steam players

Black Myth: Wukong, China’s first AAA video game, has broken the record to become the most-played title of its kind on its first day of release on the digital games …

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Age of Empires Mobile to Hit Google Play Store, App Store on October 17

by Maya Ortiz
Age of Empires Mobile to Hit Google Play Store, App Store on October 17

Age of Empires will soon be available on smartphones. The Mobile version of the historical real-time strategy game will launch globally later this year. The developers have announced the release …

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Age of Empires Mobile to Hit Google Play Store, App Store on October 17

by Maya Ortiz
Age of Empires Mobile to Hit Google Play Store, App Store on October 17

Age of Empires will soon be available on smartphones. The Mobile version of the historical real-time strategy game will launch globally later this year. The developers have announced the release …

Read more

Hong Kong stocks slip from 2-week high as weak China data outweighs rate optimism

by Anas Siddiqui
Hong Kong stocks slip from 2-week high as weak China data outweighs rate optimism

Hong Kong stocks fell from a two-week high as weak Chinese economic data offset optimism on prospects of Fed easing. Tencent’s retreat ahead of earnings weighed on the benchmark index. …

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Hong Kong stocks drop for second day, miss regional rally amid soft economic data

by Anas Siddiqui
Hong Kong stocks drop for second day, miss regional rally amid soft economic data

Hong Kong stocks weakened for a second day, left out of a broader Asian rally, after a mixed bag of economic data for mainland China reinforced growth concerns. The Fed …

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Tencent profit jumps 82%, beating estimates after strong video gaming, ad growth

by Anas Siddiqui
Tencent profit jumps 82%, beating estimates after strong video gaming, ad growth

Tencent Holdings saw profits jump 82 per cent in the second quarter, beating analyst estimates, on the back of new video gaming growth and improved advertising performance. Profit reached 47.6 …

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Huawei’s HarmonyOS gears up for faster expansion on back of major apps WeChat and Douyin

by Anas Siddiqui
Huawei’s HarmonyOS gears up for faster expansion on back of major apps WeChat and Douyin

Shenzhen-based Huawei is close to reaching a deal with Tencent to make its super app WeChat fully operational on HarmonyOS without sharing any revenue, according to a report by Bloomberg …

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