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tencent

Hong Kong stocks log strongest week in 9 months

Published 11 Jul, 2026 05:06am

SHANGHAI: Hong Kong stocks rose on Friday, logging their best weekly performance in 9 months, as sentiment toward...

ByteDance in talks with China's Iluvatar CoreX to purchase AI chips, sources say

Published 15 Jun, 2026 11:47am

TikTok parent ByteDance is also considering using Baidu's Kunlunxin chips, they said, declining to be named as the talks are not public

Epic Games' 'Fortnite' returns to App Stores worldwide

Published 19 May, 2026 06:58pm

'Apple knows the U.S. federal court will force it to be transparent about how it charges its App Store fees,' Epic says

Rare earth and metal shares lead China, HK stocks higher

Published 26 Feb, 2026 04:57am

SHANGHAI: China and Hong Kong stocks closed higher on Wednesday, as investors snapped up rare earth and metal shares...

Nvidia’s Huang hails Chinese AI models as ‘world class’

Published 16 Jul, 2025 11:20am

BEIJING/SHANGHAI: Nvidia CEO Jensen Huang described artificial intelligence models from Chinese firms Deepseek,...

Tencent Music to buy Chinese audio platform Ximalaya for $2.4 billion

Published 10 Jun, 2025 05:12pm

Chinese music platform Tencent Music Entertainment Group said on Tuesday it would buy long-form audio platform...

Tencent-backed China Ruyi raises $302 million in convertible bonds

Published 15 Apr, 2025 11:35am

Chinese media firm China Ruyi Holdings said on Tuesday it had raised HK$2.34 billion ($301.74 million) in a...

Chinese tech giant Tencent posts 8% revenue growth in Q3

Published 13 Nov, 2024 03:22pm

BEIJING: Chinese tech giant Tencent on Wednesday posted an eight percent year-on-year expansion in third-quarter...

What Trump’s 2024 election win means for Asian companies

Published 07 Nov, 2024 11:45am

Donald Trump has been elected US president, capping a remarkable comeback four years after he was voted out of the...

Tencent Music beats quarterly revenue estimates

Published 19 Mar, 2024 02:50pm

China’s Tencent Music Entertainment Group beat fourth-quarter revenue estimates on Tuesday, driven by growth in paid...

China’s Tencent takes over two ByteDance video game teams

Published 14 Mar, 2024 01:45pm

HONG KONG: China’s Tencent has taken over two ByteDance video games units after ByteDance retreated from the gaming...

Tencent working on mobile version of hit console game ‘Elden Ring’, sources say

Published 06 Feb, 2024 01:52pm

HONG KONG: China’s Tencent Holdings has been working to adapt acclaimed action role-playing console game “Elden...

China’s Tencent fires more than 120 workers for fraud

Published 04 Feb, 2024 10:53am

BEIJING: Chinese tech giant Tencent said it last year dismissed more than 120 employees for violating its anti-fraud...

Tencent chief says gaming business under threat, catching up in AI

Published 30 Jan, 2024 10:42am

HONG KONG: Pony Ma, chief executive and co-founder of Tencent Holdings, has said that the company’s video games...

Tencent’s Riot Games to lay off about 11% of staff

Published 23 Jan, 2024 10:01am

Tencent Holdings’ Riot Games plans to lay off 530 employees, or about 11% of its staff globally, the online gaming...

Tencent turns to ByteDance in gaming showdown with NetEase

Published 18 Dec, 2023 11:22am

HONG KONG: Tencent Holdings is relying on one-time bitter rival ByteDance to promote its most important video game...

Tencent launches party game ‘DreamStar’, analysts say poses a threat to NetEase

Published 15 Dec, 2023 09:46am

HONG KONG: Chinese tech giant Tencent Holdings on Friday launched “DreamStar”, a new party game that has been widely...

Tencent reveals most ambitious game yet for consoles amid global expansion

Published 08 Dec, 2023 10:22am

HONG KONG: Chinese tech giant Tencent Holdings unveiled on Friday a big-budget console game named Last Sentinel, a...

China lists mobile app stores that comply with new rule, but Apple missing

Published 27 Sep, 2023 11:18am

HONG KONG: China’s cyberspace regulator released on Wednesday names of the first batch of mobile app stores that...

New Alibaba Group CEO lays out strategic priorities for staff

Published 12 Sep, 2023 09:56am

SHANGHAI: New Alibaba Group CEO Eddie Wu has told staff the tech giant’s two main strategic focuses going forward...

Tencent claims new AI chat bot skills comparable to ChatGPT

Published 07 Sep, 2023 12:52pm

SHANGHAI: Chinese tech giant Tencent on Thursday claimed its new chatbot had some capabilities on par with top US...

China slowdown creates cheap thrills for Tencent

Published 17 Aug, 2023 12:32pm

HONG KONG: China’s economic woes have gifted Tencent an unexpected silver lining. The $400 billion technology titan...

ByteDance’s Douyin and Tencent bury hatchet, reach video cooperation pact

Published 07 Apr, 2023 10:00am

BEIJING: Douyin, the Chinese counterpart of TikTok, and internet giant Tencent have agreed to explore the joint...

Gaming giant Tencent’s 2022 annual net profit falls 16pc

Published 27 Mar, 2023 06:15am

BEIJING: Chinese gaming giant Tencent’s profits fell steeply last year, according to an earnings report released...

ChatGPT frenzy sweeps China as firms scramble for home-grown options

Published 13 Feb, 2023 01:54pm

HONG KONG: Microsoft-backed OpenAI has kept its hit ChatGPT app off-limits to users in China, but the app is...

China’s Tencent fires more than 100 for fraud, embezzlement

Published 16 Jan, 2023 12:12pm

BEIJING: Chinese tech giant Tencent said Monday it had fired more than a hundred employees for violating company...

Tencent bets big on WeChat Channels in push to build its own TikTok

Published 13 Jan, 2023 11:40am

HONG KONG: On a hot summer’s day last year, the 90’s boy band Backstreet Boys clambered on to a stage in...

China approves 45 imported video games in December

Published 28 Dec, 2022 02:20pm

BEIJING: China’s online game regulator granted publishing licences to 45 foreign video games for release in the...

China’s Tencent wins first game licence in 18 months

Published 18 Nov, 2022 11:34am

BEIJING: China has granted tech giant Tencent its first licence for a video game in 18 months, ending a dry spell...

China approves 70 games in November, including Tencent’s ‘Metal Slug’

Published 17 Nov, 2022 06:23pm

HONG KONG: China’s video games regulator on Thursday granted publishing licences to 70 online games, including...

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 19	316.15
Diesel/Litre / Jul 19	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)
Asia Ins. / Jul 17 Asia Insurance Company Limited(ASIC)	34.45 ▲ 3.13 (9.99%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.58 ▲ 9.65 (9.85%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.91 ▲ 2.5 (9.84%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.70 ▼ -0.89 (-24.79%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Mughal Iron & Steel(C) / Jul 17 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	63 ▼ -6.99 (-9.99%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.29 ▼ -16.65 (-9.97%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.91 ▼ -1.1 (-9.16%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)
Supernet Tech. / Jul 17 Supernet Technologies Limited(STL)	41.34 ▼ -3.72 (-8.26%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	86,491,992 ▲ 0.19
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,545,194 ▼ -0.67
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,580,070 ▲ 2.94
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	23,499,606 ▼ -0.04
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,396,866 ▼ -0.24
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,830,259 ▼ -1.32
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,534,208 ▼ -0.33
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,503,494 ▼ -0.51
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,458,248 ▼ -0.29
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,427,355 ▲ 0.51

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