Tencent rises most in a week on strong demand on dual-currency bond

Tencent Holdings

10/06/2026 04:29

** Shares of China's Tencent Holdings 0700.HK rise 3.3% to HK$468, on track for the biggest one-day pct gain since June 2
** Stock tops most actively traded shares by turnover in mid-morning trade; fifth biggest pct gainer on Hang Seng TECH Index .HSTECH, which slips 1.1%
** Tencent raised $4.66 billion in a dual-currency bond deal on Tuesday, term sheets reviewed by Reuters showed, as strong demand helped the company tighten pricing across all four tranches, which span 10 to 30 years 
** Co plans to use the proceeds for general corporate purposes, including refinancing
** YTD, stock down 22.2%, benchmark Hang Seng Index .HSI down 4.9%  

(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))