Tencent Holdings
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| Tencent Holdings Limited 騰訊控股有限公司 |
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|---|---|
| Type | Privately-owned company |
| Founded | 1998 |
| Founder | Mr. Ma Huateng |
| Headquarters | |
| Area served | China |
| Key people | Chairman: Mr. Ma Huateng |
| Industry | Online service provider |
| Website | Tencent Holdings Limited |
Tencent Holdings Limited (SEHK: 700) is the largest and most used Internet service portal 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.[1]
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 (blue chip).[2] It has the highest historical PE ratio (more than 50) currently among HSI blue chip stocks.
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