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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
A supernode server is shown to visitors during the World AI Conference in Shanghai on July 19. Photo: Xinhua
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Supernodes hold promise to break China’s AI bottlenecks – but will they deliver?

Tech firms are racing to build colossal clusters for next-gen AI, but cost, power and scale remain challenges.

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Heat, hardware and high stakes at China’s World AI Conference

SCMP’s Ann Cao just finished covering her sixth WAIC in Shanghai, and is looking forward to the next one.

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SpaceX slump fails to dent Hong Kong tech as investors seen pivoting

Heavyweights such as Alibaba gain as analysts bet on business models of locally listed tech companies that differ from US counterparts.

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Robotics

China’s robot firms’ lament: if we only had a ‘brain’, and more data

Experts at WAIC discuss the bottlenecks preventing embodied AI from improving robots’ real-world interactions.

A humanoid robot made by Agibot is pictured during the World Artificial Intelligence Conference in Shanghai on Saturday. Photo: AFP
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Chinese start-up pauses Kimi K3 subscriptions due to surging demand and compute shortages, highlighting the country’s AI chip challenges.

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AI work agents: China’s Ant, Tencent, Alibaba, Baidu flex for enterprise clients

Top AI summit spotlights race to embed autonomous digital workers into everyday business operations.

Artificial intelligence

Insert token: how China’s surging AI use is turning compute into currency

As the cost of running AI models continues to drop, the token economy is reshaping ecosystems far beyond corporate cubicles.

Illustration by Henry Wong
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Humanoids to Huawei: what to watch as Xi attends China’s top AI event

Gathering will showcase Beijing’s push to compete across the full AI stack, from models and chips to robots, consumer devices.

People walk near the entrance of the the Shanghai World Expo Exhibition and Convention Center, venue for the World Artificial Intelligence Conference, in Shanghai on July 16. Photo: AFP
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On-device models steal the spotlight as China’s edge AI sector heats up

A growing number of tech firms are pivoting to lightweight models designed to run entirely on smartphones and laptops.

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American AI pioneer eyes 75 per cent fee cut for flagship software to counter market gains by Claude and low-cost alternatives from Chinese providers.

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Company’s fresh fundraising talks come straight off its landmark Series A, as investors scramble to back national AI champion.

DeepSeek has launched a new financing round shortly after closing a landmark deal. Photo: Getty Images
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China’s CXMT valued at US$85 billion in record Shanghai IPO

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China’s top maker of computer memory chips, CXMT, is eyeing a record IPO in Shanghai. Photo: Reuters
US-China trade war

US says Nvidia’s H200 exports to China remain ‘trivial’ despite approvals

US commerce official Jeffrey Kessler says only a ‘very small quantity’ of AI chips have reached mainland China and Hong Kong so far.

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Artificial intelligence

China’s StepFun beats Apple and OpenAI to ‘world’s first AI phone’

Tencent-backed firm launches the AI-native StepX Neo smartphone, challenging US tech giants amid Apple-OpenAI legal clashes.

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Artificial intelligence

AI | Chinese AI giants, start-ups ready for the agentic web era

With artificially intelligent agents set to become our interface with the digital world, Chinese tech platforms are embedding them and launching AI-native products.

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Artificial intelligence

Kuaishou shares tumble as Tencent slashes stake after US$3b Kling AI deal

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The logo of Kuaishou is seen at the China Digital Entertainment Expo and Conference in Shanghai, July 30, 2021. Photo: Reuters
Artificial intelligence

Are we human? Why ByteDance and Alibaba are disabling AI agents in China

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Doubao, a ChatGPT-like conversational bot developed by TikTok owner ByteDance, informed users on Friday night that its agent feature would go offline on July 15. Photo: Simon Song
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Kuaishou files for US$3 billion Kling AI funding round in Hong Kong

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Semiconductors

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Will share buy-backs help Chinese big tech companies rescue battered valuations?

Firms like Tencent and Alibaba are trying to boost investor confidence in the sector, whose stock prices have recently hit alarming lows.

Chinese tech giants including Tencent, Alibaba, Meituan and Xiaomi have launched aggressive share buy-back plans to win back the confidence of investors in Hong Kong. Photo: Jelly Tse
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Kling AI is said to be close to completing a US$3 billion fundraising round that would value the company at US$18 billion post-investment. Photo: Shutterstock
Hong Kong stock market

Hong Kong shares drop 11% in first half on Fed pivot, lack of AI play

City’s exchange ranks among world’s worst performers as IPOs vacuum up capital and lock-up releases loom.

DeepSeek

DeepSeek bucks China’s AI price war with peak-hour surcharges for API services

DeepSeek triggered a price war in May when it announced a permanent 75 per cent discount on V4 API access.

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