In 2024, Tencent’s anti-corruption investigation department uncovered more than 100 job-related violations, which led to the dismissal of more than 100 employees, according to an announcement from the Chinese tech giant made yesterday. More than 20 of ...
Chinese tech giant Tencent has denied allegations of being a Chinese military company or a military-civil fusion contributor, as claimed by the US Department of Defense
Chinese chipmakers have complained about the U.S. Chips Act, which provides funding of some $39 billion to entice firms like Taiwan Semiconductor Manufacturing Co. and Samsung Electronics Co. to build high-end chipmaking capacity in America. On Thursday, China’s chip industry body took aim at a cornerstone of the Biden administration’s policy.
Yesterday, Hong Kong-listed growth stocks had a strong day, as the Hang Seng Index gained +1.75% and the Hang Seng Tech Index gained +2.59% following President Trump and President Xi’s Friday phone call that took place after Asia markets closed and before the US markets opened.
Chinese tech major Tencent Holding Ltd on Tuesday made its largest share repurchase in 20 years after it was blacklisted for allegedly aiding the Chinese military by the US Department of Justice (DoJ).
Chinese conglomerate Tencent and Ubisoft's founding Guillemot family are reportedly considering a new venture using a foundation of Ubisoft assets. According to Bloomberg (paywall), the two ...
Prosus N.V. stock trades at a significant discount to its NAV, which primarily consists of Tencent Holdings Limited shares. Tencent itself has underperformed recently, meaning that Prosus ...
The combined market cap of the top 50 companies in the Asia-Pacific (APAC) region surged to $8.1 trillion in 2024: GlobalData Report.
What we read, watch, browse, and eat, the headlines that grab our attention, the social media posts that confirms our fears and biases, the pills we p.
London-based megabank HSBC may be recognizable to some U.S. consumers, but elsewhere, it is a well-known name that provides banking and financial services worldwide. Like other major enterprises in the sector, it operates a diversified business, including personal and commercial banking, wealth management and capital markets segments.
The Commerce Ministry didn't name any company, but several US firms including Texas Instruments Inc. and Analog Devices Inc. rank among the leaders in lower-end products such as power and analog chip
Artificial intelligence (AI) is driving the highest gains in the market, and several of the largest companies in the world today by market cap are only there because of AI. In fact, the five most valuable companies in the world are all making major inroads into AI,