Tencent

Pony Ma, Chairman of the Board of Directors of Tencent, reduced his stake in the company by 500,000 shares on June 30 and July 3. Based on the current Tencent share price of HK$516, Pony Ma cashed out about HK$258 million.

In the first half of the year, Tencent made public nearly 60 investment cases, investing in one company every three days on average.

Tencent today announced the start of services at its largest data center cluster in Qingyuan, Guangdong province, which has the capacity to house more than one million servers.

Tencent has opened a new studio in Los Angeles to focus on developing AAA games for the PS5 and XSX.

Guizhou police said today they have detained three people suspected of forging the Lao Gan Ma company seal by posing as the company's marketing manager and entering into a fake cooperation agreement with Tencent.

Tencent is set to enter the U.S. social media market by launching a live game streaming service similar to Amazon's Twitch in the U.S., according to Bloomberg.

Chinese social media and entertainment giant Tencent has purchased the assets of troubled streaming service Iflix to boost its own WeTV streaming service, a spokesman told the Business Times on Wednesday.

Tencent's TiMi Studio has co-developed Pokémon UNITE with GameFreak, which is a team-based, real-time strategy game like DOTA and League of Legends.

Tencent, through its wholly owned subsidiary Huang River Investment Limited, has cut its stake in JD. com to 17.1%, according to JD.com's SC 13D/A filing with the U.S. Securities and Exchange Commission (SEC).

Tencent bought 1.68 million ADSs of Chinese electric car maker Nio through its wholly-owned subsidiary, Yellow River Investment Limited, according to Nio's filing with the U.S. Securities and Exchange Commission.