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Tencent
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- 1Tencent Music Shifts Primary Listing to Hong Kong for Global Index Tracking●Tencent Music Entertainment Group (NYSE:TME) Shifts To Hong Kong In Global Index Tracking
Tencent Music Entertainment Group, the Chinese music streaming company traded on the New York Stock Exchange, is moving its primary listing to Hong Kong, a shift that changes how global index providers track and weight the stock. The move reflects a broader trend of China-based companies restructuring their listings amid US-China market tensions, with investors watching how index funds adjust their holdings.
- 2Tencent leases 100,000 chips from Oracle for AI drive●China’s Tencent leases 100,000 chips from Oracle to accelerate AI push
Chinese tech giant Tencent has agreed to lease around 100,000 chips from Oracle as it works to expand its artificial intelligence capabilities. The deal, reported by the Financial Times, highlights how Chinese firms are turning to leasing arrangements with US cloud providers to secure computing power despite export restrictions on advanced semiconductors.