Tencent Holdings Stock Falls 1.6% in Hong Kong, Underperforms Competitors

Dow Jones16:33

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

Shares of Tencent Holdings Ltd. slid 1.6% to 449.20 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 1.1% to 25675.18.

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

Tencent Holdings Ltd. closed 34% below its 52-week high of HK$683.00, which the company reached Oct. 2.

The stock underperformed when compared to some of its competitors, as China Mobile Ltd. rose 0.2% and Crazy Sports Group Ltd. rose 1.1%.

Trading volume totaled 29.5 million shares, compared to the 50-day average of 27.6 million shares.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

May 18, 2026 04:33 ET (08:33 GMT)

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