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As of Jun 24, 6:20 PM ET ·
TCEHY News14 articles
Tencent Rises as WeCom AI Agent Enters Testing, Buyback Continues
Tencent shares rose 3.38% on Wednesday as WeCom began limited testing of the Dayuan AI agent. The company also repurchased 1.183 million shares.
Technology
Asian Markets Surge on US-Iran Strait of Hormuz Deal, Oil Plunges
Asian markets surged Monday on a preliminary US-Iran deal to reopen the Strait of Hormuz, sending oil prices down 5% and easing inflation concerns. The Nikkei 225 hit a record close, while the Kospi jumped 5.2%.
Markets
Tencent Shares Surge After $4.66B Bond Sale Draws Over $17B in Orders
Tencent shares rose 3.22% after a $4.66 billion dual-currency bond sale drew over $17 billion in orders, easing concerns about AI spending.
Markets
Alibaba Surges 6.5% as AI Adoption Fuels Hong Kong Tech Rally
Alibaba shares surged 6.5% in Hong Kong to HK$130.80, leading a tech rally as investors pivot to AI adoption. Cloud revenue jumped 38%, but adjusted EBITA tumbled 84% due to AI and cloud spending.
Technology
Nikkei Breaks 65,000 Barrier as Asian Markets Rally on Oil Slide
Japan's Nikkei closed above 65,000 for the first time, surging 2.87% as Asian stocks rallied on hopes of revived U.S.-Iran talks and falling oil prices. Taiwan hit a record, while Shanghai, Australia, and India gained.
Markets
Asian Markets Rally on US-Iran Talks, Nikkei Nears Record
Asian shares advanced Friday, with Japan's Nikkei jumping 2.8% toward a record high, fueled by hopes for US-Iran diplomacy, while oil remained near $105 and the yen stayed weak.
Markets
Cisco's AI Surge Propels Futures Higher as Wall Street Eyes Inflation Data
U.S. stock futures rose early Thursday as Cisco's 19% premarket surge on AI demand and job cuts lifted tech stocks. Markets await April retail sales and jobless claims data.
Markets
Nvidia's China H200 Sales Stalled Despite US Approval
US regulators have cleared Nvidia to sell its H200 AI chips to major Chinese companies, but no shipments have occurred as Chinese buyers hold off under Beijing's guidance.
Technology
Cocoa, Coffee, and Sugar Rally Amid Supply Shocks and Dollar Weakness
Commodity markets saw significant moves with cocoa, coffee, and sugar prices climbing due to supply constraints and a weaker dollar. Equities in India and Hong Kong rallied on easing geopolitical tensions.
Commodities
Navigating China's Equity Markets: A Guide for 2026 Investors
Chinese benchmarks declined ahead of the Lunar New Year break, with investors assessing the sustainability of the AI-led rally and regulatory controls. Multiple pathways exist for accessing China equities.
Markets
Tencent's AI Cash Splash Meets WeChat Limits as Tech Sector Slips
Tencent shares fell 1.97% to HK$547.50 Friday amid a 1-billion-yuan AI giveaway and WeChat promotion restrictions, with the Hang Seng TECH Index dropping 1.11%.
Technology
Tencent Music Shares Rebound Slightly After Steep Guidance-Driven Plunge
Tencent Music Entertainment shares edged higher Thursday, recovering a fraction of their 25% Tuesday plunge triggered by disappointing financial guidance and a decision to stop reporting quarterly user data. Several analysts cut ratings, citing reduced visibility.
Earnings
Tesla Gains on Tencent WeChat Integration Amid China Auto Slump
Tesla shares edged higher premarket after Tencent Cloud announced WeChat-linked features for its China vehicles. The news comes as January auto sales in China fell sharply year-over-year.
Technology
Tencent Shares Decline Amid AI Security Concerns and Chip Supply Constraints
Tencent stock dropped 2% in Hong Kong trading, pressured by regulatory warnings over an AI agent and reported server CPU shortages from Intel and AMD affecting data center operations.
Technology