Tencent becomes 10th biggest company

The Chinese internet titan has overtaken Wells Fargo by market value

Bloomberg 

Tencent becomes 10th biggest company

Tencent Holdings, a Chinese internet titan best known for its messaging service and gaming, has overtaken by market value, joining the likes of and in the ranks of the world’s biggest publicly traded Tencent gained 1.6 per cent Wednesday in Hong Kong, vaulting its capitalisation to $279 billion — just a shade above that of the US lender. Six of the top 10 by market value are now technology, including all of the top four. Here is a snapshot:

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Tencent becomes 10th biggest company

The Chinese internet titan has overtaken Wells Fargo by market value

The Chinese internet titan has overtaken Wells Fargo by market value
Tencent Holdings, a Chinese internet titan best known for its messaging service and gaming, has overtaken by market value, joining the likes of and in the ranks of the world’s biggest publicly traded Tencent gained 1.6 per cent Wednesday in Hong Kong, vaulting its capitalisation to $279 billion — just a shade above that of the US lender. Six of the top 10 by market value are now technology, including all of the top four. Here is a snapshot:

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