Tencent News - June 2026
CXMT Lands $3B Tencent Chip Deal, Strengthening Domestic Supply Before IPO
ChangXin Memory Technologies (CXMT) signed a long-term supply agreement with Tencent valued at over 20 billion yuan ($2.94 billion). CXMT will provide dynamic...
🔴 TCEHY is trading 3.1% down today after reports of Japanese gaming stake sales
TCEHY is trading 3.1% down now at $53.62 following reports that Tencent plans to divest minority stakes in several Japanese game studios, including Marvelous,...
Tencent Weighs Selling Japanese Game Stakes, Reassessing Global Strategy
Tencent Holdings is negotiating the sale of its investments in several Japanese game studios, including the publicly traded firm Marvelous Inc. This move...
Tencent leads $2B Manus buyback from Meta, citing Chinese regulatory pressure
Tencent, HSG, and ZhenFund plan to repurchase AI startup Manus from Meta Platforms. The investor consortium will pay the original acquisition price of $2...
Tencent Sells $4.5 Billion in Bonds, Fueling 5% Share Surge
Tencent Holdings launched a dual-currency bond sale on June 9, 2026. The company aims to raise up to $4.5 billion through the offering. This marks Tencent’s...
Tencent doubles AI budget to RMB 36B, chasing AGI with OpenAI veteran
Tencent plans to double its artificial intelligence expenditure to over RMB 36 billion in 2026. This follows a projected spend of RMB 18 billion in...
🟢 Tencent Holdings Limited is trading 9.1% up today on reports of co-leading $7.4B DeepSeek funding round
Tencent Holdings Limited is trading 9.1% up at $60.33 following reports that the company is co-leading a massive $7.4 billion funding round for AI startup...