Tencent Holdings Ltd. is the seller behind a share sale of Chinese brokerage-platform operator Futu Holdings Ltd., according ...
Shares of the Chinese tech conglomerate Tencent Holdings (OTC: TCEHY) traded roughly 3.3% higher, as of nearly 1 p.m. ET, ...
Tencent has been unwinding some of its investment portfolio and the Futu share sale is in line with the strategy, a source ...
Futu Holdings Limited (FUTU.US)'s ADS was sold by an unidentified shareholder at a 5.9% premium to Wednesday's (25th) closing ...
Investors are split on where things go from here. Tencent, PDD, and Futu have all had very different performances this year compared to Chinese equities as a whole. A rate cut by the Federal ...
For all of the struggles in Chinese equities, Tencent and Futu have had strong years, while PDD has struggled in a more outsize way. Tencent has repurchased nearly $7.7 billion of its shares since ...
It is reported that the shareholder is TENCENT (00700.HK). Futu Holdings Limited closed up 7.88% to US$81.47 overnight. TENCENT has been unwinding part of its portfolio, and the sale of Futu ...
Chinese stocks moved higher today after the Federal Reserve's jumbo 50-basis-point interest rate cut prompted investors to bet that China's central bank may follow suit. Chinese stocks have been ...