Tencent Holdings Shares Surge on Gaming Revenue and Investor Confidence
Tencent Holdings Ltd. shares climbed 11% over the past three months, reaching HK$651 as gaming revenues fueled a market rebound. The Chinese tech giant is increasingly viewed as a stable investment amid fears of an overheating AI-driven tech bubble, potentially accelerating its $280 billion market value gain this year.
Despite a slight 0.91% dip to HK$651 on Thursday, the stock remains NEAR the top of its 52-week range (HK$364.80–HK$683). With a market cap of HK$5.96 trillion and average daily trading volume exceeding 16 million shares, Tencent demonstrates robust liquidity.
Shareholder returns tell a compelling story: 62.38% over the past year and 56.25% year-to-date. These gains reflect growing confidence in Tencent's ability to navigate shifting market conditions while maintaining growth momentum.
