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The ChiNext index rose more than 2% in the afternoon, with sectors such as optical fiber, lithography machine, and memory chip leading the gains.

2026-08-12

The ChiNext index rose more than 2% in the afternoon, with sectors such as optical fiber, lithography machine, and memory chip leading the gains.

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2026-08-12

Tencent Holdings (00700.HK) announced that its value-added services revenue increased by 8% year-on-year to RMB 98.4 billion in the second quarter of 2026, reaching RMB 47.3 billion. Domestic game revenue was RMB 47.3 billion, a 17% year-on-year incr

Tencent Holdings (00700.HK) announced that its value-added services revenue increased by 8% year-on-year to RMB 98.4 billion in the second quarter of 2026, reaching RMB 47.3 billion. Domestic game revenue was RMB 47.3 billion, a 17% year-on-year increase, driven by growth in several major games, particularly *Delta Force*, *Valorant*, *Valorant: Source Operation*, and *Roco Kingdom: World*. International game revenue was RMB 18.6 billion, a 0.8% year-on-year decrease due to exchange rate fluctuations, but a 4% year-on-year increase on a constant exchange rate basis. The revenue growth of *Mingchao* and *VALORANT* was offset by a decline in revenue from some Supercell games. Social network revenue increased by 0.8% year-on-year to RMB 32.5 billion.
2026-08-12

Norway's sovereign wealth fund CEO says concentration risk has increased; the fund's top 10 holdings account for 20% of total assets.

Norway's sovereign wealth fund CEO says concentration risk has increased; the fund's top 10 holdings account for 20% of total assets.
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