This action has triggerred a sharp selloff of its stock. Tencent executed its largest single-day share buyback since 2006, acquiring 3.93 million Hong Kong-listed shares for HK$1.5 billion ($193 million), as per data compiled by Bloomberg. The shares were ...
Tencent Holdings Ltd. repurchased the most shares in nearly two decades after a selloff sparked by the tech firm’s addition to a US blacklist for alleged links to the Chinese military.
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).
Financial writer discusses Tencent and CATL being added to the CMC List, versus OFAC List, and Tencent's revenue sources. Click to read.
Hong Kong stocks rebounded from a four-month low ... Alibaba Group Holding and Tencent Holdings, the biggest stocks on the Hang Seng gauge, also advanced. Stability tops the agenda in 2025 ...
Upon conversion, the instrument will account for around 2.37 per cent of the company’s total issued share capital, according to a filing with the Hong Kong stock exchange. The issuance is ...
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Is the Hong Kong Dollar going up or down against the Dollar? A: Today's exchange rate (0.1284) is the same value compared to yesterday's rate (0.1284). Q: What is 50 Hong Kong Dollars in Dollars?
Exchange Rates Outlook For Pound Sterling, Euro, Australian Dollar, US Dollar, Yen, New Zealand and Hong Kong Dollars 14 May...
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