Tencent Holdings Stock Sheds 1.7% in Hong Kong, Underperforms Competitors

Dow Jones16:32

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Tencent Holdings Ltd. slid 1.7% to 495.20 Hong Kong dollars on what proved to be an all-around dismal trading session for the Hong Kong stock market, with the Hang Seng Index falling 0.9% to 25915.20.

This was the stock's third consecutive day of losses.

Tencent Holdings Ltd. closed 27% short of its 52-week high of HK$683.00, which the company achieved Oct. 2.

The stock underperformed when compared to some of its competitors, as China Mobile Ltd. rose 0.7% and Crazy Sports Group Ltd. fell 1.2%.

Trading volume totaled 23.5 million shares, compared to the 50-day average of 28.5 million shares.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

April 23, 2026 04:32 ET (08:32 GMT)

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