Tencent

Company in the news

PatSnap gets backing from Softbank, Tencent in US$300 mil funding round

Singapore’s PatSnap reached a valuation topping US$1 billion ($1.35 billion) with a fresh funding round, with SoftBank Vision Fund II and Tencent Investment among those backing the provider of pate

Futu Holdings launches one-stop investment platform in Singapore - THE EDGE SINGAPORE

Tech

Futu Holdings launches one-stop investment platform in Singapore

Futu Holdings has officially launched its one-stop investment platform, moomoo, in Singapore on March 8.

Chinese regulators plan to push tech giants to share consumer credit data, claim sources - THE EDGE SINGAPORE

Tech

Chinese regulators plan to push tech giants to share consumer credit data, claim sources

China plans to push tech giants including Ant Group, Tencent and JD.com to share consumer loan data to prevent excess borrowing and fraud, two people with knowledge of the matter said, in Beijing’s

China targets Jack Ma’s Alibaba empire in monopoly probe - THE EDGE SINGAPORE

Company in the news

China targets Jack Ma’s Alibaba empire in monopoly probe

China kicked off an investigation into alleged monopolistic practices at Alibaba Group Holding and summoned affiliate Ant Group to a high-level meeting over financial regulations, escalating scruti

Bonds and treasuries

Tencent Music draws over $13.6bil in orders for debut dollar bonds

Tencent Music Entertainment Group attracted more than US$10 billion ($13.67 billion) of orders for its dual-tranche debut dollar bond, beating expectations for investment-grade offerings in Asia’s

Tech

Funds pounce on Chinese tech selloff

Friday’s attack by President Donald Trump on WeChat may have pushed many investors to offload Asia’s technology shares. But for some, the selloff has presented a good buying opportunity.

China Focus

Tencent loses US$34.6 billion as WeChat ban rocks China stocks, Yuan

The Trump administration’s move to ban US residents from doing business with Tencent Holdings Ltd.’s WeChat app rippled through Chinese markets, erasing US$34.6 billion ($47.3 billion) from the Int

Currencies

Rise of the digital redback

SINGAPORE (July 17): Not having a smartphone in China can be a real handicap.

Tech

The tech behind China's new digital currency

SINGAPORE (July 17): Besides the absence of a central authority, another attractive attribute of blockchain-based cryptocurrencies is the speculative element where prices go through big, frequent s

Tencent-backed Sea to raise US$1.35 bil in US share sale

(Mar 6): Sea, operator of Southeast Asia’s biggest gaming platform, has raised US$1.35 billion ($1.83 billion) after increasing the size of a follow-on stock offering.

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