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Tencent’s 2nd-quarter sales, profit top forecasts as AI gives China’s tech giant a leg up

Net profit rose 16 per cent to 56 billion yuan (US$7.81 billion ) while sales jumped 15 per cent to 184.5 billion yuan.

What Tencent Results Say About China Corporate Outlook

Chinese tech giant Tencent's quarterly revenue jumped 15%, beating analyst estimates. Nicholas Chui, senior vice president ...

Tencent says US AI chip import situation unclear as governments negotiate

Chinese tech giant Tencent said on Wednesday it lacks clarity on U.S. AI chip imports as Beijing and Washington continue ...

Hong Kong stocks extend solid run on Tencent earnings, China money-supply data

A metric of mainland money supply rose at the fastest pace since February 2023 last month, pointing to an uptick in economic ...

Tencent Music Posts $1.18 Billion Q2 Revenue as Profit Rises 43% on Subscription Momentum and SVIP Surge

China's Tencent Music Entertainment Group reported second-quarter 2025 revenue of $1.18 billion, up 17.9% year-over-year.

Why Tencent Music Stock Turned It Up to 11 on Tuesday

Investors were happy to crank Tencent Music (NYSE: TME) on Tuesday. Following the release of encouraging quarterly results by ...

App Store to Add Support for Douyin Pay in China

Apple is testing Douyin Pay support for the App Store in China, according to the South China Morning Post. Douyin Pay ...

China cautions tech firms over Nvidia H20 AI chip purchases, sources say

Authorities have summoned domestic companies like Tencent and ByteDance over their purchases of Nvidia's H20 chips, asking ...