HK-listed Tencent climbs most in a week on dual-currency bond plan
BUZZ-HK-listed Tencent climbs most in a week on dual-currency bond plan ** Shares of Tencent Holdings 0700.HK climb 4.9% to HK$468.4, on course for the biggest one-day pct gain since June 2
** Stock touches the highest point since June 4, on track to snap four straight declining sessions
** Top pct gainer in benchmark Hang Seng Index .HSI and Hang Seng TECH Index .HSTECH, which are up 0.01% and 0.6% respectively** The Chinese technology giant has drawn more than $6 billion in orders for its planned dual-currency bond, according to updated order book messages reviewed by Reuters on Tuesday, raising proceeds for general corporate purposes, including refinancing
** Tencent did not immediately respond to a Reuters emailed request for comment on Tuesday
** YTD, stock down 22%, Hang Seng Index .HSI down 3.9%
(Reporting by Donny Kwok)
Recent news on Tencent Holdings
See all newsCorrected: RPT-BREAKINGVIEWS-Hong Kong’s wealth hub faces a leaner future
China's job-first policy risks blunting AI gains
Corrected: BREAKINGVIEWS-Hong Kong’s wealth hub faces a leaner future
Brief: Tencent Completes $2.45 Billion And CNY15 Billion Issue Of Notes Under Global Medium Term Note Programme
China's DeepSeek closes over $7 billion funding with unusual deal structure, the Information reports (updated)