Tencent Holdings Ltd (NNND.DU)
- South China Morning Post
How three MIT scientists and Tencent's backing created Hong Kong's new investor darling
A loss-making firm that applies artificial intelligence (AI) to drug research has become a new darling for both old-money and new-money investors in Hong Kong, drawn by the impressive credentials of its three founders, who trained at the Massachusetts Institute of Technology (MIT), as well as the endorsement of Tencent Holdings' billionaire founder Pony Ma Huateng. Nine-year-old QuantumPharm, which began trading on Thursday, raised nearly HK$1 billion (US$128 million) in an initial public offeri
- Bloomberg
Tencent-Backed TymeBank Seeks $150 Million Before Possible IPO
(Bloomberg) -- TymeBank, a South African digital bank backed by China’s Tencent Holdings Ltd., is raising $150 million to build scale as it prepares for an initial public offering, co-founder and Chief Executive Officer Coenraad Jonker said. Most Read from BloombergUS Inflation Broadly Cools in Encouraging Sign for Fed OfficialsBlinken Casts Doubt on Cease-Fire Hopes After Hamas RespondsEU to Slap Tariffs of Up to 48% on EV Imports From ChinaBritain’s ‘Quiet Quitters’ Are Costing the Economy £25
- Investor's Business Daily
Best China Stocks: Tesla Rival Leads Five Stocks Near Buy Points
The best China stocks include Tesla archrival BYD as well as messaging and gaming giant Tencent and e-commerce leader PDD Holdings.
