Sunday, October 2, 2022

Tencent is no longer China's most valuable company after its shares dropped 64% since Jan. 2021, wiping $623B in market value, more than any other firm globally (Jeanny Yu/Bloomberg)

Jeanny Yu / Bloomberg:
Tencent is no longer China's most valuable company after its shares dropped 64% since Jan. 2021, wiping $623B in market value, more than any other firm globally  —  Tencent Holdings Ltd. has lost its title as China's biggest company to liquor giant Kweichow Moutai Co., the latest sign …



at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

DigitalBridge CEO Marc Ganzi says his data center investment group will become SoftBank's "third-party infrastructure arm" after SoftBank's ~$4B takeover closed (Financial Times)

Financial Times : DigitalBridge CEO Marc Ganzi says his data center investment group will become SoftBank's “third-party infrastructu...