Wang Yun’an, the 38-year-old founder of Guming Holdings, is on the cusp of becoming a billionaire as his company prepares for an initial public offering in Hong Kong.

Cofounded by billionaire Pony Ma, China’s third richest man with a net worth of $42.5 billion, Tencent has been actively expanding overseas to diversity revenue streams. One of the world’s ...

Mainland investors bought a net $1.8 billion worth of Tencent stock via Southbound Stock Connect on Tuesday, January 7th, after the DoD's release on Monday. (see chart below) Mainland investors ...

For what it's worth, the current analyst ... and $2.0 billion in net cash. Looking at the list of holdings, however, we see that Tencent makes up an astounding $108 billion of its assets.

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. China’s ...

Tencent has been named on a Pentagon list due to ties to Chinese military. Inclusion on the list caused drop in Tencent's stock value. Tencent claims not to be a military company and intends to ...