Tencent 0700.HK

Tencent Holdings Ltd. is located in Shenzhen, China and is a financial services company founded in 1998. The firm serves customers both across China and internationally, providing a variety of financial, technology, and related services. Via its subsidiaries, Tencent provides social networking, web portals, e-commerce, internet services, payment systems, artificial intelligence, and technology solutions. The company operates across four segments: Value-Added Services, FinTech and Business Services, Online Advertising, and Others.

Tencent provides a range of financial, technology, and business services such as cloud computing, advertising, and FinTech to support its partners’ business growth and upgrade their digital capabilities while operating in a sustainable and socially responsible way. In addition, the firm owns and operates communications and social platforms Weixin and QQ, which serve users throughout China. The company also produces, invests in, and distributes films and television programs for third parties, as well as developing software, online games, and other digital content for customers worldwide.

Tencent trades on the Hong Kong Stock Exchange under the ticker 0700.HK, where it has been listed since 2004. In January 2021, Tencent launched a Carbon Neutrality initiative and became one of the first internet companies in China to publish a carbon neutrality plan

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