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0700 · HKEX

Who owns Tencent?

1 of the world’s richest people holds Tencent in our tracked profiles.

About

Tencent makes internet products and services, including the Weixin/WeChat messaging app and Tencent Games, and sells cloud computing and marketing services to businesses.

Internet and technology · Shenzhen, China

Source: Tencent website (Who we are) ↗. Summary in our own words.

Billionaire holders

  1. Ma HuatengAI & tech
    Co-founderabout 8%, held mostly via Advance Data Services Limited · as of 2025 interim report (per Bloomberg Billionaires Index)
    More
    Entry
    Tencent Holdings Limited
    Ticker
    0700 (HKD counter) / 80700 (RMB counter)
    Exchange
    HKEX
    Role
    Co-founder (1998), Chairman and CEO
    Stake
    about 8%, held mostly via Advance Data Services Limited
    Stake as of
    2025 interim report (per Bloomberg Billionaires Index)
    source ↗

Each row is a sourced entry from that person’s profile. Stakes are as of the date shown, not today.

Recent SEC filings

No Form 4 insider trades in Tencent from the holders above in the last 90 days.

Form 4 insider trades post within 2 business days. New to filings? Read Filings 101.

Recent moves

Ma HuatengEarningsAI & techRDDTAI read · ▲ Strong quarter for a Tencent-linked holding

Reddit's revenue jumps 53% as Tencent holds a stake

The move

Reddit reported third-quarter revenue of $895 million, up 53% year over year, with net income of $283 million and adjusted EBITDA of $402 million, a 45% margin, the company said in its Oct. 29 earnings release. Daily active uniques rose 12% to 130.3 million. Tencent subsidiaries have disclosed owning about 9.98% of Reddit's Class A shares, a stake for which Reddit CEO Steve Huffman holds the voting proxy, per a February 2025 SEC filing.

Why it matters

The results show continued ad-revenue growth even as Reddit faces outside questions about AI-driven traffic to its site.

The bear case

U.S. daily active uniques fell 2% year over year even as international usage grew, pointing to uneven growth beneath the headline number.

What to watch

Whether U.S. usage stabilizes in the fourth quarter.

Source · Reddit Q3 2026 earnings releaseRead original ↗Report an error
Ma HuatengInvestmentAI & tech700 HKAI read · ▲ Debt-funded AI

Tencent weighs $5B bond sale to fund AI buildout

The move

Tencent is considering an offshore bond sale of up to $5 billion, denominated in US dollars and offshore yuan, to help fund its AI and computing expansion, Bloomberg reported Oct. 8. It would follow a $4.66 billion bond sale in June, the company's largest debt deal since 2020. Tencent's AI and computing capital spending rose 176% to 52.8 billion yuan (about $7.9 billion) in the June quarter.

Why it matters

It shows Tencent turning to debt, not just cash flow, to keep pace with AI infrastructure spending, the same week it emerged as a top backer of AI lab DeepSeek's new funding round.

The bear case

Neither the size nor the timing of the bond sale is finalized, and Tencent hasn't said how the money would be used.

What to watch

Whether the bond is priced this month, as people familiar with the plans told Bloomberg.

Source · Business Today MalaysiaRead original ↗Report an error
Liang WenfengInvestmentAI & techPrivateAI read · ▲ Bullish

DeepSeek raises $12B+ with Tencent and CATL backing 2027 IPO push

The move

DeepSeek is targeting at least $12 billion in new funding, with the round potentially reaching roughly $15 billion (about 100 billion yuan) after demand outstripped its original 50-billion-yuan target, Bloomberg and CNBC reported Oct. 6. Tencent (Ma Huateng) and CATL (Robin Zeng) have committed some of the largest amounts. The raise was expected to close this month. DeepSeek has hired CITIC Securities to prepare for a possible listing on China's STAR Market as soon as 2027, and is building a data center in Inner Mongolia that will use at least 160,000 Huawei AI accelerators instead of Nvidia hardware.

Why it matters

This is one of the largest private AI funding rounds in China's history, and the Huawei chip commitment shows DeepSeek deliberately building outside Nvidia's ecosystem.

The bear case

A STAR Market listing is still a year or more away and depends on Chinese regulators, DeepSeek's model momentum holding up, and investor appetite for AI stocks not cooling in the meantime.

What to watch

Confirmation that the funding round has closed and at what final size and valuation.

Source · American BazaarRead original ↗Report an error

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