China Top Tech Stocks Added $439bn, More Than Mag Seven

March 7, 2025

Catenaa, Friday, March 07, 2025- China top tech stocks have added $ 439 billion to the market so far in 2025, outperforming US magnificent seven stocks, a report from Bloomberg said on Friday. The report said an equal-weighted basket of China’s seven tech heavyweights including Alibaba Group Holding Ltd. and Tencent Holdings Ltd. — dubbed the “7 titans” […]

Tencent Q4 Profits Surge 85% Boosted by Gaming Revenue

March 20, 2025

Catenaa, Wednesday, March 19, 2025- China’s video gaming giant Tencent Holdings recorded an 85% year on year increase in net profits in the fourth quarter, the company said on Wednesday, driven by robust performances in its gaming business. The operator of the WeChat messaging platform reported a net profit of 51.5 billion yuan ($7.2 billion), […]