CXMT Surges Past Tencent to Become Mainland’s Most Valuable Listed Company Chinese memory chipmaker CXMT surpasses Tencent in market value after its July IPO, shaping investor sentiment as AI capex …
Tencent
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Business
Tencent posts 11% Q2 sales rise as Hy3 and WorkBuddy boost growth
by Sato Asahiby Sato AsahiTencent Q2 Sales Climb 11% as Hy3 and WorkBuddy Drive AI Commercialization Tencent’s Q2 sales rose 11% to 204.8 billion yuan as AI offerings Hy3 and desktop agent WorkBuddy boost …
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Business
Tencent Issues First US Dollar Bond Since 2021 and Raises $4.6 Billion
by Sato Asahiby Sato AsahiTencent bonds raise about $4.6 billion in dual‑currency sale, first US dollar issue since 2021 Tencent bonds: Chinese tech titan raised roughly $4.6 billion through dual‑currency bonds—its first greenback issuance …
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Business
Tencent grants WeChat AI voice access to Huawei Xiaomi Oppo Vivo phones
by Sato Asahiby Sato AsahiTencent Grants Smartphone Makers WeChat Access as AI Phone Push Expands Tencent has opened WeChat access to selected Huawei, Honor, Xiaomi, Oppo and Vivo phones, letting built‑in AI voice assistants …
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Business
Tencent and Alibaba miss quarterly sales and pledge heavy AI investment
by Sato Asahiby Sato AsahiTencent and Alibaba AI Miss Expectations as March-Quarter Sales Fall Short Chinese tech giants Tencent and Alibaba AI efforts fell short of near‑term monetization expectations in the March quarter, prompting …