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Tencent (0700.HK) decline expands to over 6%
Gelonghui, March 19 | Tencent (0700.HK) opened lower and continued to decline after earnings, with the current drop expanding to 6.45%, trading at HKD 515. On the news front, Tencent announced after the market close yesterday that its Q4 2025 revenue was RMB 194.371 billion, up 13% year-over-year, slightly above the expected RMB 194.07 billion; non-IFRS net profit attributable to shareholders was RMB 64.694 billion, up 17% year-over-year, slightly below the expected RMB 64.93 billion. Tencent plans to reduce stock buybacks and allocate funds to AI investments.