Tencent Holdings Ltd UNS ADR (TCEHY)
‘Assassin's Creed' Maker Ubisoft Acknowledges M&A Chatter After Report Of Tencent Overture
France-based video game publisher Ubisoft acknowledged recent “press speculation” that its founders were in talks to sell the company. Bloomberg News reported last week that the Guillemot family, which founded Ubisoft in 1986, was in talks with Tencent about a potential buyout.
Ubisoft shares jump following reports of Tencent, Guillemot family considering buyout
Shares of Ubisoft jumped more than 30% Friday, following reports that Tencent and the Guillemot family are considering a buyout of the video game maker.
Tencent, Guillemot Family Said to Weigh Ubisoft Buyout
Tencent and Ubisoft's founding Guillemot family are considering options including a potential buyout of the French video game developer after it lost more than half its market value this year, according to sources. Bloomberg's Benoit Berthelot joins Caroline Hyde and Ed Ludlow on "Bloomberg Technology.
Tencent and Guillemot family considering buyout of Ubisoft | Bloomberg report
Bloomberg reported that Tencent and Ubisoft's founding Guillemot family are discussing a potential buyout of the French video game developer.
Tencent, Guillemot family mulling buyout of 'Assassin's Creed' maker Ubisoft, Bloomberg News reports
Tencent Holdings and Ubisoft Entertainment's founding Guillemot family are considering options including a potential buyout of the "Assassin's Creed" maker, Bloomberg News reported on Friday.
Ubisoft Shares Surge 28% As Tencent And Guillemot Family Reportedly Mull Buyout
Tencent Holdings is considering a possible buyout of Ubisoft Entertainment with the Guillemot family, which founded the French video game publisher, Bloomberg reported Friday, sending Ubisoft's stock soaring after falling to a decade-low.
Ubisoft shares skyrocket 30% after report Tencent, Guillemot family considering buyout
Ubisoft shares surged 30% Friday after a media report that Tencent and the firm's founding Guillemot family are considering a potential buyout of the company.
Tencent and Guillemot Family Consider Acquiring Ubisoft (UBI)
Sources reveal that Tencent and France's Guillemot family are contemplating a potential acquisition of Ubisoft (UBI, Financial). However, discussions are at an early stage and may not result in a transaction.
Roundhill China Dragons ETF (DRAG) Launches with Focus on Leading Tech Stocks
A new Exchange-Traded Fund (ETF), the Roundhill China Dragons ETF (DRAG, Financial), has been launched to capture the performance of China's leading large-cap companies. The fund tracks an equal-weight basket of 5 to 10 of China's largest and most innovative tech companies, currently including Tencent (TCEHY), Pinduoduo (PDD), Alibaba (BABA), Meituan (MPNGY), BYD (BYDDY), Xiaomi (XIACY), JD.com (JD), Baidu (BIDU), and NetEase (NTES).
Tencent: Front-Runner In A Potential Chinese Stock Market Rebound
Tencent reported solid second quarter results, with revenue growing in the high-single digits and the bottom line almost doubling. Similar to many other Chinese stocks, Tencent jumped in the last week, and we can hope that sentiment might finally change regarding Chinese stocks. Tencent still has several growth opportunities in International Games, Online Advertising, and FinTech.
Tencent: A Top Pick As China Unleashes Market Stimulus
Chinese stocks have surged due to an $114 billion stimulus package aimed at boosting liquidity and economic growth. Tencent, despite lagging behind other Chinese tech giants, is well-positioned to benefit from increased consumer spending and improved market sentiment. Tencent's gaming, advertising, and fintech segments are expected to see significant growth from the stimulus measures.
Is Tencent (TCEHY) Outperforming Other Computer and Technology Stocks This Year?
Here is how Tencent Holding Ltd. (TCEHY) and Alps Electric (APELY) have performed compared to their sector so far this year.
