Search ResultsShowing 1 - 10 of 18 results for "Tencent"
Afterpay slides in global fintech rankings
HARRISON WORLEY  |  TUESDAY, 5 NOV 2019
... 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
... 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%), Taiwan ...
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
... 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 FAANG ...
Super funds cut exposures to banks
KANIKA SOOD  |  WEDNESDAY, 3 OCT 2018
... In regards to holdings, the top international stocks held by NFP super funds are: Samsung, Alphabet, Facebook, Amazon, Tencent, Microsoft, Visa, Taiwan Semicon, Alibaba and Nestle. "International tech stocks making up an average 11% of NFP international ...
BetaShares to launch three tech ETFs
KANIKA SOOD  |  TUESDAY, 21 AUG 2018
... Technology Tigers ETF (ASIA), which invests in the 50 largest tech companies in Asia ex Japan, including names like Alibaba, Tencent and Baidu. "It was more like a partnership. Our research team worked closely with the index provider to implement the ...
China A-shares to shake up EM funds
KARREN VERGARA AND DARREN SNYDER  |  WEDNESDAY, 13 JUN 2018
... EM index now account for about 20% of the holdings and that includes these very highly valued internet names, Alibaba, Tencent etc." "If you just look at Naspers, more than 100% of its value comes from its stake in Tencent, and they account for a third ...
BAT stocks worse than FANGs: SSGA
KANIKA SOOD  |  WEDNESDAY, 6 JUN 2018
Baidu, Alibaba and Tencent, the emerging-market equivalents of FANG stocks are even more expensive, higher risk and lower quality than their US counterparts, according to State Street Global Advisors. A May strategy highlights note written by SSGA chief ...
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