Lates News

Tencent Holdings rose 2.1% in midday trading on Monday. The mobile game "Valorant: Unyielding Agreement," developed in cooperation between Tencent's game studio and Riot Games, was officially scheduled to be released on August 19. The game, based on the popular desktop game "Valorant," has already attracted over 2 million players online since its release in April. Investment bank Fubon believes that the launch of Valorant: Unyielding Agreement is a positive signal for Tencent, with estimated annual revenue expected to exceed 6 billion yuan. The outlook for Tencent's games remains optimistic. Tencent's Hong Kong stock has risen by about 30% so far this year, and the Hang Seng Tech Index rose nearly 1% in early trading.