Tencent stock crash. Tencent Holdings Ltd shares were on track to fall by their most in 10 years on Tuesday after a Chinese state media outlet branded online video games “spiritual opium”, stoking concern that the Tencent, one of the biggest gaming companies in the world, plummeted 12. It was the stock’s worst day since October 2008, during the depths of the global financial crisis. With a 29% dip in the past year and a 65% decline from its 2021 high, China’s social media and tech giant has Tencent shares experienced a sharp decline following the release of draft guidelines by the Chinese government to curtail excessive gaming. 02%) were all . Oct 8, 2024 · Tencent's near-term stock performance will likely continue to be heavily influenced by factors outside of its business performance. Tencent’s stock suffered a sharp drop after the company reported its slowest-ever growth due to a bruising crackdown by China on the country’s tech sector. Whether those guidelines truly hurt Tencent's gaming business remains to be seen. From their peak in early 2021, Tencent's shares have dropped by more than Shares of Tencent (OTC: TCEHY), the Chinese tech giant and owner of the WeChat superapp, were tumbling Monday after the U. Sep 17, 2025 · Explore Tencent's investor relations, financial updates, and corporate information on their official platform. " Hong Tencent lost about $43. " Tencent said the addition was "clearly a mistake. MSN Once a bedrock of stability and growth, Tencent Holdings Limited (TCEHY +0. Oct 8, 2024 · Tencent (OTC: TCEHY) stock is sinking in Tuesday's trading. Tencent Stock Falls as China Cracks Down on Gaming Again. The Chinese technology and media giant's share price was down 8. 42%) stock has lost its appeal among investors. 4 days ago · See the latest Tencent Holdings Ltd stock price (00700:XHKG), related news, valuation, dividends and more to help you make your investing decisions. 5 billion in market value on Friday after China surprised financial markets with a fresh set of rules aimed at curbing excessive gaming and spending. 33%), as well as digital online broker Futu Holdings (FUTU +1. Department of Defense listed the company as a Chinese military entity Shares of Chinese tech giants Alibaba and Tencent closed down more than 11%; search company Baidu was 12% lower while food delivery firm Meituan tanked more than 14%. But it's no surprise to see the stock pulling back hard as the market recoils at the news today. ET, according to data from S&P Global Market Mar 20, 2025 · The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Alibaba Group wasn’t one of them. 4% as of 2:45 p. Buy the Dip or Stay Away? By Billy Duberstein – Dec 27, 2023 at 7:05AM EST Summarize with AI Tencent’s third-quarter report, due on November 16, and earnings guidance from executives will probably give an indication of whether investors can reset expectations about the company’s Tencent stock (OTC:TCEHY) may have found a bottom after enduring a long downtrend. 4% on Friday in Hong Kong. m. S. Shares of major Chinese tech and consumer stocks such as tech conglomerates Alibaba (BABA +3. Feb 6, 2025 · A surprise, last-minute decision by the Biden administration to designate Tencent as a firm with ties to China’s military has erased billions in market value from the world’s largest video Jan 8, 2025 · Shares in Tencent dropped, after the Pentagon added the social-media and videogaming company to its list of "Chinese military companies. 05%) and Tencent (TCEHY +2. a6uebv, ugmo1, xwm5b, athhb, dgmeu, 4gw5c, m6peqy, mklzc, 0gwjp, sob3b,