<div id="readability-page-1"><div><div><p>Chinese tech giant <strong>Tencent Holdings</strong> <span>TCEHY</span> has successfully raised 9 billion yuan ($1.27 billion) through an offshore yuan bond deal.</p><h2>Tencent Closes Yuan Bond Deal, Signals Cautious AI Spending</h2><p>Tencent, a leader in the Chinese gaming and social media industry, announced the successful completion of a three-tranche offshore yuan bond deal on Wednesday, Reuters reported.</p><p>The company launched bonds with 5-, 10-, and 30-year maturities. The 5-year bond generated 2 billion yuan at 2.1%, the 10-year bond raised 6 billion yuan at 2.5%, and the 30-year bond brought in 1 billion yuan at 3.1%. Final pricing tightened by roughly 50 basis points compared with the initial proposal when the offering began on Tuesday.</p><h2><strong>Tencent Q2 Revenue Climbed Amid Gaming, AI Growth</strong></h2><p>Tencent's Q2 revenues rose 15% year-on-year to 184.5 billion yuan ($25.7 billion), driven by gaming and AI, while net profit increased 11% to 63.1 billion yuan ($8.79 billion).</p><p>Tencent and other tech giants have been investing heavily in AI, but its capital spending has recently decreased.  In August, the company told analysts it plans a more cautious approach going forward, emphasizing sustainable monetization of its AI projects and “smart spending.”</p><p>Meanwhile, in July 2025, Sony Group Corp. <span>SONY</span> filed a federal lawsuit against Tencent, accusing it of copying its popular &#34;Horizon&#34; video game series with its upcoming game, “Light of Motiram”. This lawsuit could have potentially affected Tencent’s financial stability and reputation.</p><p><strong>READ NEXT:</strong></p><ul> <li><strong>China’s Tech Stocks Surge As AI Spending Accelerates</strong></li> </ul><p><em>Photo Courtesy: Tada Images on Shutterstock</em></p></div></div></div>

TCTZF

TCEHY

00700

<p>Tencent Holdings has raised 9 billion yuan ($1.27 billion) through an offshore yuan bond deal, completing a three-tranche offering with maturities of 5, 10, and 30 years. The bonds were priced at 2.1%, 2.5%, and 3.1% respectively. Tencent's Q2 revenue rose 15% year-on-year to 184.5 billion yuan, driven by gaming and AI, while net profit increased 11% to 63.1 billion yuan. The company plans to adopt a more cautious approach to AI spending amid ongoing legal challenges.</p>

- Tencent Holdings has raised 9 billion yuan ($1.27 billion) through a successful offshore yuan bond deal, consisting of 5-, 10-, and 30-year maturities.  
- The company reported a 15% year-on-year revenue increase in Q2, driven by gaming and AI, while announcing a shift towards more cautious AI spending.  
- Additionally, Tencent faces a federal lawsuit from Sony Group Corp. over alleged similarities between its upcoming game and Sony's "Horizon" series, which may impact its financial stability.  

China's Tencent Holdings Secures $1.27 Billion In Offshore Yuan Bond Deal