Tencent Surges at Hong Kong Open, Climbs to Record High: Chart

What Tencent's Earnings Tell Us About China's Economy

Tencent Holdings Ltd has opened with a rally in Hong Kong, climbing to another record. A surge in online advertising helped profit at the Chinese social networking company beat analysts’ expectations last quarter. Thursday’s jump may be enough to take Tencent back above Alibaba Group Holding Ltd by market value.

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