JP#TENCTRC2601P(68397.HK)

Last Updated 08:00:00
longbridge loading
Company Encyclopedia
View More
name
JP#TENCTRC2601P
68397.HK
News
View More

The public offering of "New Stock" Mingming is oversubscribed by 1,898.49 times, with a one-hand winning rate of 3%

MingMing is busy announcing the IPO results, with the Hong Kong public offering oversubscribed by 1,898.49 times, and a 3% chance of winning one lot. The international offering recorded a subscription rate of 44.44 times, with a final offer price of HKD 236.6, raising a net amount of HKD 3.528 billion. Shares are expected to be listed on Wednesday (28th), with the public offering accounting for 10%. Tencent, Singapore's Temasek, and 8 cornerstone investors collectively subscribed for 6.4236 million shares, accounting for 41.41% of the total offering

AASTOCKS·
HK
00700
+1.25%
AASTOCKS·
HK
00700
+1.25%

Tencent Wants Bigger Slice Of Middle East Cloud Boom

Tencent Holdings Ltd. is expanding its cloud services in the Middle East, aiming to build new data centers to meet rising demand for AI and cloud solutions. The company plans to increase investments and strengthen partnerships in the region, following similar moves by competitors like Alibaba and Microsoft. Tencent has already established an availability zone in Saudi Arabia and serves various local customers, including gaming companies. This expansion aligns with a broader trend of Big Tech investing heavily in cloud infrastructure across the Gulf region.

benzinga_article·
US
TCTZF
+1.23%
US
TCEHY
+1.47%
HK
00700
+1.25%
benzinga_article·
US
TCTZF
+1.23%
US
TCEHY
+1.47%
HK
00700
+1.25%

Net outflow of China Mobile in Hong Kong Stock Connect is HKD 1.147 billion

In the Hong Kong Stock Connect, China Mobile experienced a net outflow of HKD 1.147 billion, while Zijin Mining and SMIC saw outflows of HKD 843 million and HKD 553 million, respectively. Tencent and YOFC had net inflows of HKD 1.024 billion and HKD 355 million, respectively. In the Hong Kong Stock Connect (Shanghai), Tencent had the highest net inflow of HKD 869 million, while China Mobile had the highest net outflow of HKD 1.593 billion. In the Hong Kong Stock Connect (Shenzhen), YOFC had the highest net inflow of HKD 592 million, while SMIC had the highest net outflow of HKD 467 million. The total net outflow for the day in the southbound trading was HKD 0, with a total transaction amount of HKD 102.207 billion, accounting for 40.18% of the total market transaction amount

AASTOCKS·
SH
688981
+1.75%
SH
600941
-0.57%
SH
601899
+2.81%
AASTOCKS·
SH
688981
+1.75%
SH
600941
-0.57%
SH
601899
+2.81%

The Market Review: Hang Seng Index "Five Consecutive Increases" Reaches Above 27,000; China Life and Zijin Systems Surge

The Hang Seng Index rose for five consecutive trading days, closing at 27,126 points, driven by financial and technology stocks. The market is focused on the performance of the U.S. stock market and the Federal Reserve's interest rate decision. Profits of China's industrial enterprises increased by 5.3% year-on-year. Technology stocks such as Tencent and Alibaba performed strongly, rising nearly 1.3% and 2.8%, respectively. The total market turnover was HKD 254.373 billion, with a net outflow of HKD 635 million from northbound trading

AASTOCKS·
HK
09988
+2.85%
HK
00700
+1.25%
SH
601899
+2.81%
AASTOCKS·
HK
09988
+2.85%
HK
00700
+1.25%
SH
601899
+2.81%

NVDA deploys new CPUs, boosting CoreWeave; Tencent unveils new AI social features | Daily News Recap

0127 | Dolphin Research Focus: 🐬 Single Stock 1, $NVIDIA(NVDA.US). NVIDIA CEO Jensen Huang announced the 'Vera' server CPU, the company's first CPU sold as a standalone product.Built on Arm, it features 88 custom cores and delivers 2x the performance vs. the prior gen. It can integrate seamlessly with GPUs or run independently.CoreWeave will be the first to deploy. The move breaks x86's long-held dominance in the server CPU market...

US
NVDA
+1.57%
US
MSFT
+2.49%
US
VERA
-0.51%
US
NVDA
+1.57%
US
MSFT
+2.49%
US
VERA
-0.51%
Posts
View More

Gold is on a wild run, rallying like nobody’s business. And that USD against SGD has weaken to below 1.27. Level. Total madness.

With the Fed meeting coming up this week, the statement will be crucial ...

© 2026 Longbridge｜Disclaimer