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Tencent opens higher by 2.3%, surpassing 600 Hong Kong dollars.

16/08/2025

Tencent jumped 2.39% to open at HK$600 after its earnings report, hitting a new high since March 2021. Tencent's ADR in the US stock market closed up 7.4% at $77.08, equivalent to HK$604.9 per share. Its total revenue was HK$0.52 billion, a year-on-year increase of 10% and a month-on-month increase of 3%, exceeding the estimated HK$620.2 billion.

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On Friday (August 15th), the semiconductor ETF fell by 2.08%, while the banking sector ETF, regional banking ETF, and financial industry ETF dropped by 1.72%-1.04%. Technology sector ETFs, global technology stock index ETFs, global technology stock market index ETFs, and consumer discretionary ETFs fell by up to 0.76%, while the energy sector ETF remained stable. The internet stock index ETF rose by 0.37%, and the global aviation industry ETF, biotechnology index ETF, and medical industry ETF rose by up to 1.68%.

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