A surge in Chinese demand underlies bitcoin's astronomical rise over the past few months, but the question lingers: is it only a matter of time before the government steps in?» Read More
HONG KONG, Dec 6- Hong Kong shares ended slightly up on Friday, trimming weekly losses, led by Chinese Internet giant Tencent Holdings ahead of economic data from the United States and China this weekend.
*Strong Nov sales lift Country Garden from China property malaise. HONG KONG, Dec 6- Hong Kong and China shares slid early on Friday as investors cut risky bets ahead of economic data from the United States and China this weekend that would offer clues on any possible tapering of U.S. stimulus and China's reform impetus.
BEIJING, Dec 6- The website of China's biggest Internet video company Youku Tudou Inc was once a haven for illicit Hollywood blockbusters and hit South Korean soap operas, until it realised piracy really doesn't pay.
*Tencent breaks into China top three in WPP survey. BEIJING, Dec 3- Internet services company Tencent Holdings Ltd has grown so rapidly it's now China's most valuable listed technology brand, with a value even closing in on that of Wal-Mart Stores Inc, a report published on Tuesday shows.
SHANGHAI Nov 27- In a small research lab in Palo Alto, California, flanked by Hewlett-Packard Co and Stanford University, China's largest electronics retailer is learning how to compete online.
JOHANNESBURG, Nov 26- South African e-commerce and media group Naspers sees lower full-year earnings after it plans to increase investment into Internet platforms and digital pay-TV by more than 62 percent to lock in more customers.
HONG KONG, Nov 25- Hong Kong shares ended weaker on Monday, with Chinese Internet giant Tencent Holdings leading technology gains that offset weakness for Sinopec Corp after pipeline explosions at its Qingdao oil terminals.
HONG KONG, Nov 25- China shares bounced off the day's lows early on Monday, buoying Hong Kong markets, as weakness for oil giant Sinopec Corp was offset by strength in defense-related companies after Beijing imposed new rules on airspace over disputed waters.
HONG KONG, Nov 14- Hong Kong shares bounced from a 2- month low on Thursday, underpinned by strong quarterly earnings from firms such as Chinese Internet giant Tencent Holdings and healthcare equipment provider Shandong Weigao Group. The Hang Seng Index, which had closed on Wednesday at its lowest since Sept. 4, rose 0.8 percent to 22,649.2 points.
*China banking A-shares hit by spike in money rates. *Key earnings Thursday: CRE, Sun Art Retail, Country Garden. HONG KONG, Nov 14- Hong Kong shares rebounded from two-month lows early on Thursday, led by Chinese Internet giant Tencent Holdings and healthcare equipment provider Shandong Weigao Group as investors cheered their robust quarterly earnings.
*Tencent Q3 net income rises 20 pct to 3.87 bln yuan, just under forecast of 3.94 bln yuan. BEIJING, Nov 13- Internet giant Tencent Holdings will have to wait until its biggest customers, China's smartphone users, get hooked up to high-speed mobile networks next year before its $2 billion investment on game and chatting apps really pays off.
BEIJING, Nov 13- A group of Chinese Internet firms, including Tencent Holdings and Sohu.Com Inc, has joined a top U.S. film industry body in seeking 300 million yuan in damages from China's Baidu Inc and QVOD for copyright violation.
BEIJING, Nov 13- A group including Chinese Internet firms Tencent Holdings and Sohu.Com Inc as well as a top U.S. film industry body said on Wednesday it is seeking 300 million yuan in damages from China's Baidu Inc and others for copyright violation.
*Sina Q3 net income up 157 pct to $25.4 mln, beating estimates of $22.8 mln. *Sina guided Q4 adjusted net revenue of $190- 194 mln.
HONG KONG, Nov 13- Hong Kong shares hit a two-month low early on Wednesday, underperforming mainland markets as disappointed investors cut risk exposure after a perceived lack of details on highly-awaited reforms from a key Communist Party policy meeting.
China Mobile Ltd, which has the most subscribers in the world, is investing billions of dollars to upgrade its infrastructure so clients can enjoy speedier Internet and data access once the government awards 4 G telecom licences before the end of the year.
High-flying Conatus Capital has poached talent from other leading investment managers in the last few months, including SAC and GLG.
In the battle to become the global messaging app of choice, many developers have brought out some large marketing guns that promises overseas growth.
TOKYO, Oct 23- In the battle to become the global messaging app of choice, China's WeChat and Japan- based Line have brought out some large marketing guns- TV ads featuring soccer star Lionel Messi, for instance- that have powered promising bursts of overseas growth.
HONG KONG, Oct 21- Hong Kong shares posted modest gains on Monday as strength in Chinese internet giant Tencent Holdings offset weakness in Hutchison Whampoa after it scrapped plans to sell its supermarket business.