Tencent Holdings Stock Slips 7.0% in Hong Kong, Underperforms Competitors

Dow Jones16:31

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

Shares of Tencent Holdings Ltd. shed 7.0% to 440.60 Hong Kong dollars on what proved to be an all-around grim trading session for the Hong Kong stock market, with the Hang Seng Index falling 1.0% to 24892.66.

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

Tencent Holdings Ltd. closed 35% 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. fell 0.2% and Crazy Sports Group Ltd. fell 1.2%.

Trading volume totaled 66.4 million shares, compared to the 50-day average of 34.6 million shares.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

July 22, 2026 04:31 ET (08:31 GMT)

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