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May 30, 2020
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Tencent Holdings Ltd

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Corporations raise $1 trillion in the bond market amid Fed backstop, double the pace of last year

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CNBC – For more and to sign up click here A person wearing a face mask walks along Wall Street after further cases of coronavirus were confirmed in New York, March 6, 2020. Andrew Kelly | Reuters Corporations, borrowing at more than twice last year’s pace, have already raised more......
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Hong Kong drops nearly 2% as U.S.-China tensions heat up; oil prices fall

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CNBC – For more and to sign up click here Stocks in Asia Pacific were mixed in Thursday afternoon trade as mounting U.S.-China tensions weighed on investor sentiment. Hong Kong’s Hang Seng index fell 1.81% by the afternoon as shares of Chinese tech giant Tencent dropped 3.24%. Mainland Chinese stocks......
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Tencent pledges $70 billion investment in high-tech areas as Beijing pushes digital infrastructure

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CNBC – For more and to sign up click here Tencent logo seen displayed on a smartphone. Omar Marques | SOPA Images.| LightRocket | Getty Images Chinese technology giant Tencent will invest 500 billion yuan ($69.9 billion) over the next five years in areas from cloud computing to artificial intelligence,......
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Tencent posts first-quarter beat as users turn to hit mobile games during coronavirus lockdown

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CNBC – For more and to sign up click here A Tencent sign at the World Internet Conference (WIC) in Wuzhen, China, October 20, 2019. Aly Song | Reuters Tencent reported earnings that beat expectations thanks to a strong performance in its gaming business and better-than-expected results out of its......
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Gaming likely helped Tencent weather the coronavirus storm but ads and payments could take a hit

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CNBC – For more and to sign up click here Tencent logo seen displayed on a smartphone. Omar Marques | SOPA Images.| LightRocket | Getty Images Tencent’s massive gaming division likely boosted the company’s first-quarter results as people in China turned to smartphone-based entertainment while locked down at home. But......
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Chinese tech giant Tencent reportedly surveilled foreign users of WeChat to help censorship at home

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CNBC – For more and to sign up click here Wechat’s logo. Omar Marques | SOPA Images | LightRocket | Getty Images Chinese internet giant Tencent has reportedly been surveilling content posted by foreign users on its wildly popular messaging service WeChat in order to help it refine censorship on......
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Peter Thiel-backed digital bank N26 raises another $100 million, bracing for coronavirus uncertainty

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CNBC – For more and to sign up click here N26’s logo seen displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket via Getty Images German digital bank N26 has raised an additional $100 million in funding, as it braces for economic uncertainty from the coronavirus pandemic. The......

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