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Showing 11 - 20 of 32 results for "Tencent"

Chinese tech giant buys 5% stake in Afterpay

ALLY SELBY  |  MONDAY, 4 MAY 2020
... buy-now-pay-later provider Afterpay, after paying approximately $416 million for more than 13 million shares in the company. Tencent is an online entertainment, digital advertising, social media, fintech and cloud services provider listed on the Hong ...

A decade in the dust

ALLY SELBY  |  THURSDAY, 16 APR 2020
... engine maker Weichai Power, branded sportswear company Anta Sports, as well as better known companies such as Alibaba, Tencent and Ping An Insurance," he said. However, Taw said investors should refrain from placing China in the EM bucket. "We need to ...

The impact of COVID-19 on emerging markets

ALLY SELBY  |  TUESDAY, 24 MAR 2020
... said. "But from a valuation perspective, China as a whole looks very attractive. There are certain brands like Alibaba, Tencent and Kweichow Moutai which are trading at really high multiples, but we're still not seeing across the board sentiment ...

Pendal cuts fees on equities fund

KANIKA SOOD  |  TUESDAY, 11 FEB 2020
... to China, India and South Korea, while the biggest stock positions were in Samsung Electronics (9.2% of the portfolio), Tencent (5.5%) and Naspers (3.9%) at December end. The fund started in November 2012 and had $334 million in total assets at end of ...

Afterpay slides in global fintech rankings

HARRISON WORLEY  |  TUESDAY, 5 NOV 2019
... a USD$80 million funding round, reportedly the second-largest in Australian history at the time. Among its backers are Tencent Holdings, Sequoia China, Square Peg Capital and MasterCard. After an up and down year, Afterpay scraped into the top 50, dropping ...

Trillionaires around the corner: study

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
... Alibaba Group and was previously a university lecturer. Ma Huateng (Pony May) has an engineering background and co-founded Tencent in 1998 which owns popular messaging app WeChat. Some technology tycoons will live to see their net worth rise to a trillion ...

Beware tech firms in financial services

ELIZABETH MCARTHUR  |  MONDAY, 24 JUN 2019
... complete financial services offerings right now are based in China and Japan. Alibaba (including its subsidiaries Alipay and Tencent), Baidu, Line (including Rakuten) and NTT Docomo all offer not only payment systems but money market funds, insurance ...

BetaShares launches new active ETF

KANIKA SOOD  |  WEDNESDAY, 12 JUN 2019
... period as compared to the benchmark's 9.92% return. The portfolio has 47 holdings at the time of launch, including Alibaba, Tencent, Samsung Electronics and Ping An Insurance Group. Top allocations by country are in China (26%), South Korea (14.7%) ...

Young Aussies backing world's biggest brands

JAMIE WILLIAMSON  |  MONDAY, 21 JAN 2019
... soared 38% among Gen Z investors, 32% for Gen X and 31% for Gen Y. The hottest stocks included Apple, Amazon, Alibaba, Tencent, Netflix, Facebook and Visa. "Australian investors, particularly younger investors, understand that while the Australian sharemarket ...

Global tech wars disrupt $600m market

MICHELLE BALTAZAR  |  WEDNESDAY, 14 NOV 2018
... Sydney last month titled "The Future of Money", an expert panel argued that technology companies such as Amazon, Google and Tencent are starting to rebundle financial services products in a way unseen in the Australian market. The tech war between US ...