Tencent adds $22 billion in value as shares surge 5 percent following earnings beat

Tencent adds $22 billion in value as shares surge 5 percent following earnings beat

6 years ago
Anonymous $CLwNLde341

https://www.cnbc.com/2018/05/17/tencent-shares-rise-after-q1-2018-earnings.html

Tencent shares in Hong Kong surged over 5 percent Thursday after reporting earnings that topped analyst expectations.

The Chinese technology giant saw its market capitalization, or value, rise over $22 billion as shares traded at 416.4 Hong Kong dollars ($53) during afternoon trade. At the open, Tencent shares were at 424 Hong Kong dollars, but pared some of those gains.