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    700   KYG875721634

TENCENT HOLDINGS LIMITED

(700)
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Delayed Hong Kong Stock Exchange  -  04:09 2022-08-05 am EDT
307.60 HKD   -1.41%
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Tencent falls 2.5% as Prosus, Napsers say to gradually sell shares

06/27/2022 | 01:42am EDT
FILE PHOTO: Tencent in Beijing

(Reuters) - Shares of Tencent Holdings Ltd gave up morning gains to fall as much as 2.5% to HK$374.60 in the early afternoon, after Prosus and Napsers said they would gradually sell shares.

Dutch technology investment company Prosus and its controlling shareholder Naspers of South Africa said on Monday they intend to sell down their enormous stake in Chinese software giant Tencent to fund a share purchase programme.

(Reporting by Donny Kwok; Editing by Jacqueline Wong)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
DOW JONES AFRICA TITANS 50 INDEX 0.26% 454.02 Real-time Quote.-15.16%
DOW JONES SOUTH AFRICA(ZAR) 1.63% 1928.67 Real-time Quote.-2.84%
NASPERS LIMITED 0.95% 2449.97 End-of-day quote.-0.89%
PROSUS N.V. -2.02% 63.62 Real-time Quote.-13.48%
S&P AFRICA 40 INDEX -0.03% 149.04 Real-time Quote.-14.84%
TENCENT HOLDINGS LIMITED -1.41% 307.6 Delayed Quote.-32.66%
All news about TENCENT HOLDINGS LIMITED
08/05Tencent Eyes Larger Stake in France’s Ubisoft
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08/04Tencent seeks bigger stake in 'Assassin's Creed' maker Ubisoft - sources
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08/04Exclusive-Tencent plans to raise stake in 'Assassin's Creed' maker Ubisoft - sources
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08/04Tencent plans to raise its stake in french video game…
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08/04Tencent could offer up to 100 euros per share to incre…
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08/04Ubisoft Shares Jump on Report That Tencent Mulls Upping Stake
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08/04Tencent Aims to Increase Stake in Ubisoft, Reuters Reports
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08/04Tims China Announces New Tencent E-sports Shop in Shanghai
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08/02U.S. game software developer Unity in talks to spin off China unit -sources
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08/02EXCLUSIVE : U.S. game software developer Unity to spin off China unit to fuel expansion - ..
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Analyst Recommendations on TENCENT HOLDINGS LIMITED
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Financials
Sales 2022 579 B 85 656 M 85 656 M
Net income 2022 115 B 17 046 M 17 046 M
Net cash 2022 84 382 M 12 479 M 12 479 M
P/E ratio 2022 22,8x
Yield 2022 0,42%
Capitalization 2 530 B 374 B 374 B
EV / Sales 2022 4,22x
EV / Sales 2023 3,53x
Nbr of Employees 116 213
Free-Float 62,6%
Chart TENCENT HOLDINGS LIMITED
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Technical analysis trends TENCENT HOLDINGS LIMITED
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 53
Last Close Price 264,96 CNY
Average target price 391,26 CNY
Spread / Average Target 47,7%
EPS Revisions
Managers and Directors
Hua Teng Ma Executive Chairman & Chief Executive Officer
Chi Ping Lau Chief Strategy & Investment Officer
Hai Feng Lin President
Shek Hon Lo Chief Financial Officer & Senior Vice President
Chen Ye Xu Chief Information Officer
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DOORDASH, INC.-46.08%31 913