Tencent Holdings’ stock has experienced wild swings in recent years, marked by record highs and multi-year lows. Try demo Tencent stock price analysis Sino-US tensions a key risk for Tencent The investment research firm added that Tencent owns Honor of Kings, the world’s top grossing mobile game, and is the world’s largest video game vendor. The company is headquartered in Shenzhen, China.Īs of 7 December, Tencent had a market capitalisation of HKD3.03trn ($3.9bn), making it the most valuable company listed in Hong Kong.Īccording to Morningstar, Tencent is “arguably the most influential internet firm in China as one can hardly go by a day without using its products”. Tencent is listed on the Hong Kong Stock Exchange ( HKEX) under the ticker 0700. Gaming: Popular mobile games in Tencent’s portfolio include PUBG Mobile, Clash of Clans, Honor of Kings, among others. The mobile app has developed into a super app over the years.ĭigital content: It also operates one of China’s largest video streaming platform under Tencent Video The company classifies its revenue streams into key business lines which include:Ĭommunication and social: Tencent operates China’s largest instant messaging app by monthly active users called WeChat or Weixin. Tencent Holdings is a Chinese technology conglomerate primarily focused in internet value-added services, gaming and telecommunication services. Tencent Holdings: China’s most valuable company Has the 0700 stock price fallen to attractive levels that warrants a deeper assessment? Read our company analysis and Tencent stock forecast for 2023 and beyond.
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