Sunday, October 12, 2008

Tencent Holdings

Tencent Holdings Limited is the largest and most used Internet service company in the People's Republic of China. It was established by Mr. Ma Huateng in 1998. QQ, Tencent's most notable product, has become one of the most popular instant messaging platforms in Mainland China.

Tencent was listed in the Hong Kong Stock Exchange on June 16, 2004.

With effective from 10 June 2008, Tencent Holdings is added to Hang Seng Index Constituent Stock . It has the highest historical PE ratio currently among HSI blue chip stocks.

No comments: