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The Latest Breaking News from Tencent

Chinese Multimedia Giant Tencent Invests In E-Bike Company Tenways

Chinese multimedia company known particularly in the world of video games, Tencent has recently made an investment in e-bike company Tenways.

InsideEVs

Weekly Must Read: China’s Halting Steps to Dial Back ‘Zero Covid’

As central authorities cite scientific evidence for easing travel and testing rules, local officials worry about being held accountable for new outbreaks

Caixin Global

Shanghai Composite Index Fell 0.25% on Thursday

Shenzhen Component Index closed down 0.15%

Caixin Global

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China resumes streaming South Korean content after six-year suspension

A Chinese streaming platform has resumed distributing South Korean content after suspending it for nearly six years, South Korean officials said on Tuesday, in what Seoul called a sign of Beijing's readiness to improve ties.

Reuters

Google Paid 24 Companies to Not Open App Stores

Activision, Tencent, and several other key players in the gaming industry are involved.

The Street

China Internet Stocks Buffeted By Tough Challenges, Slowing Growth

China internet stocks, including Alibaba, JD.com and Tencent, are facing a long list of challenges that have slowed revenue growth.

Investors Business Daily

China's Tencent wins first game licence in 18 months

Beijing (AFP) - China has granted tech giant Tencent its first licence for a video game in 18 months, ending a dry spell that had threatened its position as the world's top game maker.

AFP

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Blizzard to pull popular games from China after license spat

Beijing (AFP) - US gaming giant Blizzard Entertainment will suspend most of its services in China from January, the company said Thursday, after it failed to reach a licensing deal with local firm NetEase.

AFP

Alibaba Quarterly Results Hamstrung By Covid Lockdowns, Regulations

China internet giant Alibaba reported September-quarter results that missed views on the top line but beat on the bottom line.

Investors Business Daily

Tencent Reports Mixed Quarterly Results, Plans Stock Distribution

Tencent early Wednesday reported third-quarter earnings that topped estimates but sales were a tad light.

Investors Business Daily

Stock markets rise as China hopes boost Hong Kong

Hong Kong (AFP) - Asian and European markets rose Friday with Hong Kong leading the way fuelled by hopes China will roll back some of its economically painful zero-Covid policies.

AFP

China's economy rotting from the head

China highlights a long-debated question about economic development: Can a top-down autocracy outperform liberal market economies in terms of innovation and growth?

Bangkok Post

Asian markets extend rally as bargain-buyers boost Hong Kong

Hong Kong (AFP) - Asian markets rose again Tuesday, building on the strong start to the week as traders look ahead to the Federal Reserve's policy decision, hoping it will signal a more dovish approach to fighting inflation.

AFP

Things Don't Add Up Well in Used Computer Renter's IPO Bid

Key Takeaways: LX Technology, parent of Little Bear Rental, has been approved for a Hong Kong IPO, despite losing over 740 million yuan in the past three and a half years Its major early shareholders, including Tencent, Lenovo and JD.com, have started cutting their ties with the company even before…

Benzinga

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Financial Times

What the eclipse of Tencent by a liquor company says about Xi’s China

Kweichow Moutai has overtaken the tech group in market capitalisation thanks to the whims of one man

Asharq Al-Awsat

China's Video Game Firms Welcomed in Europe

China is investing billions in Europe's video game industry, but analysts have warned that there could be trouble along the road unless regulators start to take stricter notice. Europe is embroiled in long-running disputes with Beijing over trade, environment, education, raw materials, intellectual property -- but so far video games…

AFP

Hounded at home, China's video game firms welcomed in Europe

Paris (AFP) - China is investing billions in Europe's video game industry, but analysts have warned that there could be trouble along the road unless regulators start to take stricter notice.

The Independent UK

Musk has a 'super app' plan for Twitter. It's super vague

For months, the Tesla and SpaceX CEO has expressed interest in creating his own version of China’s WeChat — a “super app” that does video chats, messaging, streaming and payments — for the rest of the world

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Benzinga

Brighter Times Could Beckon for JD.com after Stormy Spell

Key Takeaways: Key factors in a JD share-price rally would be the results of a U.S. regulatory review of Chinese stocks and the expected launch next year of a scheme to promote dual-currency share trading in Hong Kong A settlement in a sexual assault case against company founder Richard Liu…

Benzinga

Elon Musk's 'X' App To 'Rule Them All' Gets Twitter Kickstart — But What Form Could It Take?

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said purchasing Twitter Inc (NYSE: TWTR) would hasten the birth of “X” an app for everything, but the shape the upco

The Street

Microsoft's Cheat Code: Buying Its Way To Gaming Dominance

Microsoft Gaming CEO Phil Spencer speaks about what the company is planning next.

The Independent UK

China grants gaming license to NetEase, 1st since crackdown

China has granted a game license to its second largest gaming firm, NetEase, the first in over a year in a possible sign Beijing may be easing a crackdown on the industry

Benzinga

Tongcheng Preparing to Stand on Its Own Without Trip.com and Tencent?

Key Takeaways: A new stock exchange filing shows leading online travel agent Trip.com may have begun to sell down its longtime stake in Tongcheng, the industry’s second-largest player China’s online travel industry is riddled with anticompetitive cross-holdings, including Trip.com’s stakes in Tongcheng and Qunar

Benzinga

All in the Family: Cash-strapped ZhongAn Taps Chairman's Ties to Fund a Money-losing Unit

Key Takeaways: Sinolink will buy about 156 million new shares in ZhongAn’s overseas business development unit, ZhongAn International, for about $103 million The deal comes in a difficult year for ZhongAn, whose own cash holdings are dwindling By Warren Yang

Benzinga

Top Financial Stories Thursday, September 08: Amazon Slows Down Hiring, Netflix Focuses On Cost Cutting, iPhone 14 Will Be Available In Russia And More…

Reuters

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