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Tencent Holdings
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 / company

Tencent Holdings

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Tencent Holdings
Tencent Holdings
Headquartered in Shenzhen, Tencent is one of China's and the world's largest internet services companies, with interests in media, entertainment, web and mobile communications, advertising, e-commerce and internet banking.
Chairman / President
Ma Huateng
Ma Huateng
CEO / Managing Director
Ma Huateng
Ma Huateng
CFO / Finance Director
John Lo
Industry
Internet
Website
tencent.com
Headquarters address
Tencent Holdings Limited,Tencent Building,30th Floor, Kejizhongyi Avenue,Nanshan, Shenzhen,Guangdong, China
Stock Code
SEHK:700
Year founded
1998
Moonshot AI's new funding round could value the company at as much as US$30 billion. Photo: Shutterstock Images
Artificial intelligence

Moonshot AI eyes US$30 billion valuation as China’s AI race intensifies

The company behind the Kimi chatbot is aiming for a valuation that would place it among China’s most valuable AI start-ups.

Artificial intelligence

Tencent’s AI chief dismisses lag concerns, says race a ‘long-term game’

Artificial intelligence

WeChat to take commands from AI assistants in major shift for Tencent

Artificial intelligence

More US firms turn to China’s DeepSeek over pricey Silicon Valley AI

DeepSeek takes top spot on ‘trending’ list as companies look for alternatives to OpenAI and Anthropic, spending tracker’s report says.

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DeepSeek's resurgence among US companies is part of a broader migration towards open-source models. Photo: Reuters
Artificial intelligence

Order coffee, book a flight, buy a burger: Alibaba broadens Qwen’s reach

As Tencent prepares a rival WeChat agent, Alibaba is moving quickly to turn Qwen from a chatbot into a digital concierge for everyday life.

DeepSeek

China’s DeepSeek nears US$7 billion haul in first-ever funding round

DeepSeek’s founder and CEO Liang Wenfeng is reportedly committing around 20 billion yuan of his own capital.

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Artificial intelligence

Tencent shares jump 10% on expectations of AI agent within WeChat

An AI agent would leverage the app’s ecosystem of mini-programs, payments, content and commerce for 1.4 billion users.

Tencent has repeatedly stressed its cautious approach to adding an agent to its super app. Photo: Reuters
HKEX

HKEX revamps Tech 100 Index as benchmark struggles to keep pace with AI rally

Seven firms including Hesai, Geekplus and Deepexi join the index as investors question whether local benchmarks reflect fast-rising AI sector.

Robotics

Alibaba, Tencent lead pivot from chatbots to embodied AI for robotics

Embodied AI and autonomous agents are increasingly viewed by investors as one of the next major growth areas for the sector, UBS says.

China energy security

AI is testing global energy grids. China wants it to help fix the problem

Top energy firms and tech companies are being drawn into state-backed pilots to align surging computing demand with more efficient energy usage.

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An aerial drone photo taken on May 19 shows a nickel-metal hydride energy storage demonstration project in Tongxin county, northwest China’s Ningxia Hui autonomous region. Photo: Xinhua
Artificial intelligence

Kuaishou beats estimates as Kling AI video tool’s revenue jumps 300%

AI unit has annual recurring revenue run rate of roughly US$500 million, Kuaishou says.

Kuaishou expects Kling AI revenue to more than double in 2026, its co-founder and CEO Cheng Yixiao said in March. Photo: Shutterstock Images
Artificial intelligence

How does China regulate AI while the US pulls back on oversight under Trump?

As the US walks back its AI model approval plans due to fears of losing its competitive edge, China has already set up a registry system.

China's population

How Shenzhen’s growing population defies expectations in China’s changing cities

The global tech powerhouse attracts more workers and has higher birth and lower mortality rates than the national average.

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Hong Kong stock market

Hang Seng Index review to boost market capitalisation by 4.5%: analysts

Tencent, BeOne Medicines, Baidu and NetEase may lure fund inflows between US$200 million and US$1 billion, due to index weighting changes.

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Hong Kong regional flag, Chinese flag and HKEX flag fly outside the Exchange Square in Central. Photo: Yik Yeung-man
Hong Kong stock market

China AI firms Zhipu, MiniMax to join Hong Kong’s Hang Seng Tech Index

Additions to the benchmark Hang Seng Index, meanwhile, increase the number of constituents to 93 as the bourse operator presses ahead with expansion to 100.

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People wait to cross a road in front of a sign showing the Hang Seng Index in Hong Kong on March 4. Photo: AFP
Artificial intelligence

China behind in LLM race but it can still win in AI, ex-Tencent AI lead says

In the AI era, the problem with being a technological follower is the constant risk of having the rug pulled from under you, Liu says.

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China-EU relations

Chinese investment in Europe surges to 7-year high despite rising trade tensions

But study warns that new project pipeline appears to be drying up, as Chinese investors face pressure from both Beijing and Brussels.

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US-China trade war

House foreign affairs chair warns AI sales to China could make America a ‘loser’

Brian Mast stressed that American firms must not let the best US technology reach the ‘wrong places’ when it comes to AI industry.

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US House Foreign Affairs Committee Chairman Brian Mast has warned against letting American AI companies chase business in China. Photo: Shutterstock
Artificial intelligence

AMD meeting with China’s vice-premier raises optimism on US AI chips

‘Relatively advanced’ chips to start entering China in second half, as US is ‘pulling back’ on tariff war and tech decoupling, analysts say.

Artificial intelligence

Chinese tech giants race to dominate AI-powered digital gateways

The integration of agentic AI with sites like Taobao and JD.com is reshaping shopping, but the bigger promise is an agent within WeChat.

US-China tech war

Trump, Xi weigh AI ‘guard rails’ as Nvidia chip exports hang in the balance

Meeting in Beijing, the presidents weighed safety protocols for the rapidly emerging technology, and H200 chip shipments were a ‘sovereign decision’ for ‌China.

Billionaire Elon Musk gestures after attending a welcome ceremony for US President Donald Trump with President Xi Jinping at the Great Hall of the People in Beijing on Thursday. Photo: Reuters
Artificial intelligence

Alibaba, Tencent present a tale of two strategies for AI spending

Alibaba will focus its AI capex on cloud services, while Tencent is prioritising internal demand with its spending.

Alibaba Cloud signage is pictured at the Alibaba office in Beijing on April 1, 2026. Photo: AFP
Mainland China

AI | Tencent misses first-quarter revenue estimates, bets on AI for new growth

CEO Pony Ma told shareholders there was the beginning of a turnaround, but that the company was ‘not yet seated’.

Tencent Music

Tencent wins conditional antitrust approval for US$2.4b Ximalaya acquisition

The State Administration for Market Regulation cleared the deal on Tuesday, but imposed five conditions.

Artificial intelligence

AI | Kuaishou shares soar as Kling AI eyes US$20b valuation in potential spin-off

The Chinese short-video platform’s shares jumped as much as 10 per cent amid US$20 billion valuation of spin-off, Tencent investor talks.

The logo of Chinese short-video platform Kuaishou is displayed on a smartphone screen in Jinan, Shandong province. Photo: Getty Images
Fifa World Cup 2026

Lionel Messi tipped for Hong Kong return, Argentine gearing up for World Cup

Sports marketing entrepreneur Michael Rocha-Keys hopes former Barcelona star comes back to city in ‘more organised manner’ in the near future.

5
Lionel Messi (centre) stayed on the bench when Inter Miami played a Tatler Asia-organised match in Hong Kong in February 2024. Photo: Sam Tsang
Artificial intelligence

China deepens footprint at AI conference despite NeurIPS dispute, US tensions

Alibaba, ByteDance, other Chinese tech giants top paper submissions in conference, quelling worries over geopolitics impacting participation.

Cybersecurity

China scrambles to close AI cyber gap as Anthropic, OpenAI surge with new models

IDC projects that China’s AI cybersecurity industry will be valued at US$8.7 billion by 2030, a more than 37-fold increase from 2025.

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