Tencent Holdings Stock Falls 1.9% 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 1.9% to 469.60 Hong Kong dollars on what proved to be an all-around rough trading session for the Hong Kong stock market, with the Hang Seng Index falling 0.7% to 24030.18.

The stock's fall snapped a seven-day winning streak.

Tencent Holdings Ltd. closed 31% below 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. fell 0.1% and Crazy Sports Group Ltd. fell 1.2%.

Trading volume totaled 42.4 million shares, compared to the 50-day average of 34.0 million shares.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

July 09, 2026 04:33 ET (08:33 GMT)

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