News

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.

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 ...
The Information3d

China Demands Companies to Halt Nvidia Chip Orders Over Security Concerns

Just weeks after Nvidia reached a deal with President Trump allowing it to sell AI chips in China, the chipmaker has hit a ...

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 ...

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 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.

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 ...

The US is taking a cut from chip sales to China - what does it mean?

Two top firms will give the US government 15% of profits from the sale of some advanced semiconductors in China, the BBC has ...