Asian-News.net is your go-to online destination for comprehensive coverage of major news across Asia. From politics and business to culture and technology, we bring you the latest updates, deep analyses, and critical insights from every corner of the continent. Featuring exclusive interviews, high-quality photos, and engaging videos, we keep you informed on the breaking news and significant events shaping Asia. Stay connected with us to get a 24/7 update on the most important stories and trends. Our daily updates ensure that you never miss a beat on the happenings in Asia's diverse nations. Whether it's a political shift in China, economic development in India, technological advancements in Japan, or cultural events in Southeast Asia, Asian-News.net has it covered. Dive into the world of Asian news with us and stay ahead in understanding this dynamic and vibrant region.

Contacts

  • Owner: SNOWLAND s.r.o.
  • Registration certificate 06691200
  • 16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
  • Czech Republic

Tencent to double share buybacks as Q4 sales miss expectation

HONG KONG -- Tencent Holdings intends to at least double its share buybacks this year to 100 billion Hong Kong dollars ($12.8 billion), the Chinese tech giant said Wednesday, as the company's sales in the fourth quarter missed expectations.

The buyback will be supported by Tencent's "record high and growing profit and cash flow," the company said.

Read more on asia.nikkei.com