Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading

Tiger Newspress2022-01-04

Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.

In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.

Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia's most valued company.

Tencent has also agreed to terminate its proxy to Li after the conversion.

Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.

It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.

Separately, Li holds about 54% of the total voting power related to the size and composition of Sea's board of directors.

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Comment（32）

Huatahhuat
·2022-01-05
😱
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2
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koolgal
·2022-01-05
Just when the share price of SEA was trending up, news on Tencent reducing its voting stake rattled it. This gives its Founder Forrest Li increased stake in SEA! Go SEA! Born in Singapore, Growing Globally! 🚀🚀🚀🌙🌙🌙
Reply
51
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robot1234
·2022-01-05
Now, Tencent is trading near 52-week low at HK450 as compared to her 52-week high of HK773. Definitely value for money, ceteris paribus.
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4
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jayfalcon
·2022-01-05
Like pls 🙏 thanks
Reply
2
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TonySiang
·2022-01-05
Woiw
Reply
2
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Huatahhuat
·2022-01-04
OMG GG
Reply
3
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Jaden994
·2022-01-04
Pls like
Reply
7
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glazedust
·2022-01-04
I don't understand why this caused sea to drop, can anyone help?
Reply
1
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Player_K
·2022-01-04
What happened to SEA
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1
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Deonc
·2022-01-04
Good sharing. Please like and comment. Thanks
Reply
11
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Handoko
·2022-01-04
💫👍🏻
Reply
2
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EVKY
·2022-01-04
Falling knife?
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3
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scallopyball
·2022-01-04
Good chance to buy the dip
Reply
2
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BrOoKe
·2022-01-04
Oh
Reply
1
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HENRYCSC
·2022-01-04
Thanks
Reply
1
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CCCH
·2022-01-04
I don't think this is a bad news as Sea will have more voting right for new investment
Reply
6
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JTA
·2022-01-04
Supporting sea too
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5
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LohYK
·2022-01-04
With more voting rights, Forest Li can have more control in there execution. Tencent will still hold on to SE for it can leverage on it for the various market it had penetrated via the different arms of SE
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2
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Portfolio50
·2022-01-04
Hmm...Tencent seemed to be extracting themselves from companies they previously invested. First JD and how SEA.
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4
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Fold Replies
- doubleZ:
  Yup. im glad you share this. Don’t know why people like to hype Tencent. They slowly take people’s money just like evergrande
  2022-01-04
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Ahlec
·2022-01-04
Time to buy
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3
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class=\"title\">\nTencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-01-04 19:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd","00700":"腾讯控股"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172090539","content_text":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia's most valued company.Tencent has also agreed to terminate its proxy to Li after the conversion.Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.Separately, Li holds about 54% of the total voting power related to the size and composition of Sea's board of 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Go SEA! Born in Singapore, Growing Globally! 🚀🚀🚀🌙🌙🌙","listText":"Just when the share price of SEA was trending up, news on Tencent reducing its voting stake rattled it.&nbsp; This gives its Founder Forrest Li increased stake in SEA! Go SEA! Born in Singapore, Growing Globally! 🚀🚀🚀🌙🌙🌙","text":"Just when the share price of SEA was trending up, news on Tencent reducing its voting stake rattled it. This gives its Founder Forrest Li increased stake in SEA! Go SEA! Born in Singapore, Growing Globally! 🚀🚀🚀🌙🌙🌙","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":51,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001777282","repostId":1172090539,"repostType":4,"repost":{"id":"1172090539","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1641297118,"share":"https://ttm.financial/m/news/1172090539?lang=&edition=fundamental","pubTime":"2022-01-04 19:51","market":"us","language":"en","title":"Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1172090539","media":"Tiger Newspress","summary":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd","content":"<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-01-04 19:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd","00700":"腾讯控股"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172090539","content_text":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia's most valued company.Tencent has also agreed to terminate its proxy to Li after the conversion.Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.Separately, Li holds about 54% of the total voting power related to the size and composition of Sea's board of directors.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9001752661,"gmtCreate":1641337006080,"gmtModify":1676533598680,"author":{"id":"3561596430587504","authorId":"3561596430587504","name":"robot1234","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":6,"crmLevelSwitch":1,"authorIdStr":"3561596430587504","idStr":"3561596430587504"},"htmlText":"Now, Tencent is trading near 52-week low at HK450 as compared to her 52-week high of HK773. Definitely value for money, ceteris paribus.","listText":"Now, Tencent is trading near 52-week low at HK450 as compared to her 52-week high of HK773. Definitely value for money, ceteris paribus.","text":"Now, Tencent is trading near 52-week low at HK450 as compared to her 52-week high of HK773. Definitely value for money, ceteris paribus.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001752661","repostId":1172090539,"repostType":2,"repost":{"id":"1172090539","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1641297118,"share":"https://ttm.financial/m/news/1172090539?lang=&edition=fundamental","pubTime":"2022-01-04 19:51","market":"us","language":"en","title":"Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1172090539","media":"Tiger Newspress","summary":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd","content":"<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-01-04 19:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd","00700":"腾讯控股"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172090539","content_text":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia's most valued company.Tencent has also agreed to terminate its proxy to Li after the conversion.Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.Separately, Li holds about 54% of the total voting power related to the size and composition of Sea's board of directors.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9001752092,"gmtCreate":1641336875251,"gmtModify":1676533598672,"author":{"id":"4090418835913750","authorId":"4090418835913750","name":"jayfalcon","avatar":"https://static.tigerbbs.com/505029b8d840d52745c57c2cbf910d5c","vip":1,"crmLevel":3,"crmLevelSwitch":1,"authorIdStr":"4090418835913750","idStr":"4090418835913750"},"htmlText":"Like pls 🙏 thanks","listText":"Like pls 🙏 thanks","text":"Like pls 🙏 thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001752092","repostId":1172090539,"repostType":4,"repost":{"id":"1172090539","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1641297118,"share":"https://ttm.financial/m/news/1172090539?lang=&edition=fundamental","pubTime":"2022-01-04 19:51","market":"us","language":"en","title":"Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1172090539","media":"Tiger Newspress","summary":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd","content":"<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 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solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-01-04 19:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd","00700":"腾讯控股"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172090539","content_text":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia's most valued company.Tencent has also agreed to terminate its proxy to Li after the conversion.Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.Separately, Li holds about 54% of the total voting power related to the size and composition of Sea's board of directors.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9001751960,"gmtCreate":1641336627041,"gmtModify":1676533598594,"author":{"id":"3581932790709378","authorId":"3581932790709378","name":"TonySiang","avatar":"https://static.tigerbbs.com/8cb5d434f44a3592cfa411ef91eeb408","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581932790709378","idStr":"3581932790709378"},"htmlText":"Woiw","listText":"Woiw","text":"Woiw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001751960","repostId":1172090539,"repostType":4,"repost":{"id":"1172090539","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1641297118,"share":"https://ttm.financial/m/news/1172090539?lang=&edition=fundamental","pubTime":"2022-01-04 19:51","market":"us","language":"en","title":"Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1172090539","media":"Tiger Newspress","summary":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd","content":"<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 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solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-01-04 19:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd","00700":"腾讯控股"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172090539","content_text":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia's most valued company.Tencent has also agreed to terminate its proxy to Li after the conversion.Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.Separately, Li holds about 54% of the total voting power related to the size and composition of Sea's board of directors.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9001440309,"gmtCreate":1641307865689,"gmtModify":1676533595916,"author":{"id":"3574468375375928","authorId":"3574468375375928","name":"Huatahhuat","avatar":"https://static.tigerbbs.com/b8efd6c9f11aac008947d35cb725e0a3","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3574468375375928","idStr":"3574468375375928"},"htmlText":"OMG GG","listText":"OMG GG","text":"OMG GG","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001440309","repostId":1172090539,"repostType":4,"repost":{"id":"1172090539","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1641297118,"share":"https://ttm.financial/m/news/1172090539?lang=&edition=fundamental","pubTime":"2022-01-04 19:51","market":"us","language":"en","title":"Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1172090539","media":"Tiger Newspress","summary":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd","content":"<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-01-04 19:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd","00700":"腾讯控股"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172090539","content_text":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia's most valued company.Tencent has also agreed to terminate its proxy to Li after the conversion.Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.Separately, Li holds about 54% of the total voting power related to the size and composition of Sea's board of directors.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9001451820,"gmtCreate":1641307200571,"gmtModify":1676533595537,"author":{"id":"3581726861154705","authorId":"3581726861154705","name":"Jaden994","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581726861154705","idStr":"3581726861154705"},"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001451820","repostId":1172090539,"repostType":2,"repost":{"id":"1172090539","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1641297118,"share":"https://ttm.financial/m/news/1172090539?lang=&edition=fundamental","pubTime":"2022-01-04 19:51","market":"us","language":"en","title":"Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1172090539","media":"Tiger Newspress","summary":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd","content":"<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 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solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-01-04 19:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd","00700":"腾讯控股"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172090539","content_text":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia's most valued company.Tencent has also agreed to terminate its proxy to Li after the conversion.Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.Separately, Li holds about 54% of the total voting power related to the size and composition of Sea's board of directors.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9001422396,"gmtCreate":1641306622934,"gmtModify":1676533595373,"author":{"id":"3581657723926668","authorId":"3581657723926668","name":"glazedust","avatar":"https://static.tigerbbs.com/ea38c02b0f443b1004a5b46851a1717b","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"3581657723926668","idStr":"3581657723926668"},"htmlText":"I don't understand why this caused sea to drop, can anyone help?","listText":"I don't understand why this caused sea to drop, can anyone help?","text":"I don't understand why this caused sea to drop, can anyone help?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001422396","repostId":1172090539,"repostType":4,"repost":{"id":"1172090539","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1641297118,"share":"https://ttm.financial/m/news/1172090539?lang=&edition=fundamental","pubTime":"2022-01-04 19:51","market":"us","language":"en","title":"Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1172090539","media":"Tiger Newspress","summary":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd","content":"<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-01-04 19:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd","00700":"腾讯控股"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172090539","content_text":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia's most valued company.Tencent has also agreed to terminate its proxy to Li after the conversion.Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.Separately, Li holds about 54% of the total voting power related to the size and composition of Sea's board of directors.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9001428538,"gmtCreate":1641306236004,"gmtModify":1676533595350,"author":{"id":"3581392377788426","authorId":"3581392377788426","name":"Player_K","avatar":"https://static.tigerbbs.com/7852b6f9c1f6e12c9d35e70fd4f217e5","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3581392377788426","idStr":"3581392377788426"},"htmlText":"What happened to SEA","listText":"What happened to SEA","text":"What happened to SEA","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001428538","repostId":1172090539,"repostType":4,"repost":{"id":"1172090539","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1641297118,"share":"https://ttm.financial/m/news/1172090539?lang=&edition=fundamental","pubTime":"2022-01-04 19:51","market":"us","language":"en","title":"Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1172090539","media":"Tiger Newspress","summary":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd","content":"<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 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solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-01-04 19:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd","00700":"腾讯控股"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172090539","content_text":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia's most valued company.Tencent has also agreed to terminate its proxy to Li after the conversion.Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.Separately, Li holds about 54% of the total voting power related to the size and composition of Sea's board of directors.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9001467352,"gmtCreate":1641305031537,"gmtModify":1676533595287,"author":{"id":"3569316529855154","authorId":"3569316529855154","name":"Deonc","avatar":"https://static.tigerbbs.com/d9aa45dd2eb58357f6477dcfb99d1415","vip":1,"crmLevel":3,"crmLevelSwitch":1,"authorIdStr":"3569316529855154","idStr":"3569316529855154"},"htmlText":"Good sharing. Please like and comment. Thanks","listText":"Good sharing. Please like and comment. Thanks","text":"Good sharing. Please like and comment. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001467352","repostId":1172090539,"repostType":4,"repost":{"id":"1172090539","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1641297118,"share":"https://ttm.financial/m/news/1172090539?lang=&edition=fundamental","pubTime":"2022-01-04 19:51","market":"us","language":"en","title":"Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1172090539","media":"Tiger Newspress","summary":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd","content":"<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-01-04 19:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd","00700":"腾讯控股"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172090539","content_text":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia's most valued company.Tencent has also agreed to terminate its proxy to Li after the conversion.Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.Separately, Li holds about 54% of the total voting power related to the size and composition of Sea's board of directors.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9001468680,"gmtCreate":1641304358059,"gmtModify":1676533595138,"author":{"id":"4099864714926520","authorId":"4099864714926520","name":"Handoko","avatar":"https://static.tigerbbs.com/9890fec8f477f8bc166d5453e7ce66f8","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":2,"crmLevelSwitch":1,"authorIdStr":"4099864714926520","idStr":"4099864714926520"},"htmlText":"💫👍🏻","listText":"💫👍🏻","text":"💫👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001468680","repostId":1172090539,"repostType":4,"repost":{"id":"1172090539","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1641297118,"share":"https://ttm.financial/m/news/1172090539?lang=&edition=fundamental","pubTime":"2022-01-04 19:51","market":"us","language":"en","title":"Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1172090539","media":"Tiger Newspress","summary":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd","content":"<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 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solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-01-04 19:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd","00700":"腾讯控股"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172090539","content_text":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia's most valued company.Tencent has also agreed to terminate its proxy to Li after the conversion.Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.Separately, Li holds about 54% of the total voting power related to the size and composition of Sea's board of directors.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9001484020,"gmtCreate":1641302827601,"gmtModify":1676533594826,"author":{"id":"3575636666776603","authorId":"3575636666776603","name":"EVKY","avatar":"https://static.tigerbbs.com/6382451f4e56b74dfff0ee13160160da","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3575636666776603","idStr":"3575636666776603"},"htmlText":"Falling knife?","listText":"Falling knife?","text":"Falling knife?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001484020","repostId":1172090539,"repostType":4,"repost":{"id":"1172090539","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1641297118,"share":"https://ttm.financial/m/news/1172090539?lang=&edition=fundamental","pubTime":"2022-01-04 19:51","market":"us","language":"en","title":"Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1172090539","media":"Tiger Newspress","summary":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd","content":"<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-01-04 19:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd","00700":"腾讯控股"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172090539","content_text":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia's most valued company.Tencent has also agreed to terminate its proxy to Li after the conversion.Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.Separately, Li holds about 54% of the total voting power related to the size and composition of Sea's board of directors.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9001486402,"gmtCreate":1641302423821,"gmtModify":1676533594763,"author":{"id":"4087707335922150","authorId":"4087707335922150","name":"scallopyball","avatar":"https://static.tigerbbs.com/1ba7ab5baf1c8dc0694937e0c4e93f1a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4087707335922150","idStr":"4087707335922150"},"htmlText":"Good chance to buy the dip","listText":"Good chance to buy the dip","text":"Good chance to buy the dip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001486402","repostId":1172090539,"repostType":4,"repost":{"id":"1172090539","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1641297118,"share":"https://ttm.financial/m/news/1172090539?lang=&edition=fundamental","pubTime":"2022-01-04 19:51","market":"us","language":"en","title":"Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1172090539","media":"Tiger Newspress","summary":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd","content":"<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-01-04 19:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd","00700":"腾讯控股"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172090539","content_text":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia's most valued company.Tencent has also agreed to terminate its proxy to Li after the conversion.Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.Separately, Li holds about 54% of the total voting power related to the size and composition of Sea's board of directors.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9001489705,"gmtCreate":1641301450585,"gmtModify":1676533594669,"author":{"id":"4089018853439370","authorId":"4089018853439370","name":"BrOoKe","avatar":"https://static.tigerbbs.com/a8081ab75c39abcb57e6136431300155","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":7,"crmLevelSwitch":1,"authorIdStr":"4089018853439370","idStr":"4089018853439370"},"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001489705","repostId":1172090539,"repostType":4,"repost":{"id":"1172090539","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1641297118,"share":"https://ttm.financial/m/news/1172090539?lang=&edition=fundamental","pubTime":"2022-01-04 19:51","market":"us","language":"en","title":"Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1172090539","media":"Tiger Newspress","summary":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd","content":"<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 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solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-01-04 19:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd","00700":"腾讯控股"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172090539","content_text":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia's most valued company.Tencent has also agreed to terminate its proxy to Li after the conversion.Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.Separately, Li holds about 54% of the total voting power related to the size and composition of Sea's board of directors.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9001480399,"gmtCreate":1641301293177,"gmtModify":1676533594630,"author":{"id":"3575091428590185","authorId":"3575091428590185","name":"HENRYCSC","avatar":"https://static.tigerbbs.com/6d47a6dec25b21dc547a5b982674c499","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3575091428590185","idStr":"3575091428590185"},"htmlText":"Thanks&nbsp;","listText":"Thanks&nbsp;","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001480399","repostId":1172090539,"repostType":4,"repost":{"id":"1172090539","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1641297118,"share":"https://ttm.financial/m/news/1172090539?lang=&edition=fundamental","pubTime":"2022-01-04 19:51","market":"us","language":"en","title":"Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1172090539","media":"Tiger Newspress","summary":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd","content":"<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-01-04 19:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd","00700":"腾讯控股"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172090539","content_text":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia's most valued company.Tencent has also agreed to terminate its proxy to Li after the conversion.Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.Separately, Li holds about 54% of the total voting power related to the size and composition of Sea's board of directors.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9001413352,"gmtCreate":1641299730742,"gmtModify":1676533594436,"author":{"id":"3579259217271611","authorId":"3579259217271611","name":"CCCH","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3579259217271611","idStr":"3579259217271611"},"htmlText":"I don't think this is a bad news as Sea will have more voting right for new investment&nbsp;","listText":"I don't think this is a bad news as Sea will have more voting right for new investment&nbsp;","text":"I don't think this is a bad news as Sea will have more voting right for new investment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001413352","repostId":1172090539,"repostType":4,"repost":{"id":"1172090539","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1641297118,"share":"https://ttm.financial/m/news/1172090539?lang=&edition=fundamental","pubTime":"2022-01-04 19:51","market":"us","language":"en","title":"Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1172090539","media":"Tiger Newspress","summary":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd","content":"<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ 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padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-01-04 19:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd","00700":"腾讯控股"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172090539","content_text":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia's most valued company.Tencent has also agreed to terminate its proxy to Li after the conversion.Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.Separately, Li holds about 54% of the total voting power related to the size and composition of Sea's board of directors.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9001437576,"gmtCreate":1641299207222,"gmtModify":1676533594372,"author":{"id":"3572695424628553","authorId":"3572695424628553","name":"JTA","avatar":"https://static.tigerbbs.com/c3a7e41492b5f3bbd2fa7ab2de897cb0","vip":1,"crmLevel":7,"crmLevelSwitch":1,"authorIdStr":"3572695424628553","idStr":"3572695424628553"},"htmlText":"Supporting sea too","listText":"Supporting sea too","text":"Supporting sea too","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001437576","repostId":1172090539,"repostType":4,"repost":{"id":"1172090539","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1641297118,"share":"https://ttm.financial/m/news/1172090539?lang=&edition=fundamental","pubTime":"2022-01-04 19:51","market":"us","language":"en","title":"Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1172090539","media":"Tiger Newspress","summary":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd","content":"<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-01-04 19:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd","00700":"腾讯控股"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172090539","content_text":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia's most valued company.Tencent has also agreed to terminate its proxy to Li after the conversion.Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.Separately, Li holds about 54% of the total voting power related to the size and composition of Sea's board of directors.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9001437384,"gmtCreate":1641299104580,"gmtModify":1676533594357,"author":{"id":"3568070265339857","authorId":"3568070265339857","name":"LohYK","avatar":"https://static.tigerbbs.com/d6add0343094f5e965e831fa432314ef","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":8,"crmLevelSwitch":1,"authorIdStr":"3568070265339857","idStr":"3568070265339857"},"htmlText":"With more voting rights, Forest Li can have more control in there execution. Tencent will still hold on to SE for it can leverage on it for the various market it had penetrated via the different arms of SE","listText":"With more voting rights, Forest Li can have more control in there execution. Tencent will still hold on to SE for it can leverage on it for the various market it had penetrated via the different arms of SE","text":"With more voting rights, Forest Li can have more control in there execution. Tencent will still hold on to SE for it can leverage on it for the various market it had penetrated via the different arms of SE","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001437384","repostId":1172090539,"repostType":2,"repost":{"id":"1172090539","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1641297118,"share":"https://ttm.financial/m/news/1172090539?lang=&edition=fundamental","pubTime":"2022-01-04 19:51","market":"us","language":"en","title":"Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1172090539","media":"Tiger Newspress","summary":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd","content":"<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-01-04 19:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd","00700":"腾讯控股"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172090539","content_text":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia's most valued company.Tencent has also agreed to terminate its proxy to Li after the conversion.Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.Separately, Li holds about 54% of the total voting power related to the size and composition of Sea's board of directors.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":695988334,"gmtCreate":1641298954052,"gmtModify":1676532524940,"author":{"id":"3579922554249988","authorId":"3579922554249988","name":"Portfolio50","avatar":"https://static.tigerbbs.com/3e41399b7d47310e4bf55e2a5917c9da","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3579922554249988","idStr":"3579922554249988"},"htmlText":"Hmm...Tencent seemed to be extracting themselves from companies they previously invested. First JD and how SEA.&nbsp;","listText":"Hmm...Tencent seemed to be extracting themselves from companies they previously invested. First JD and how SEA.&nbsp;","text":"Hmm...Tencent seemed to be extracting themselves from companies they previously invested. First JD and how SEA.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/695988334","repostId":1172090539,"repostType":4,"repost":{"id":"1172090539","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1641297118,"share":"https://ttm.financial/m/news/1172090539?lang=&edition=fundamental","pubTime":"2022-01-04 19:51","market":"us","language":"en","title":"Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1172090539","media":"Tiger Newspress","summary":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd","content":"<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-01-04 19:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd","00700":"腾讯控股"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172090539","content_text":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia's most valued company.Tencent has also agreed to terminate its proxy to Li after the conversion.Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.Separately, Li holds about 54% of the total voting power related to the size and composition of Sea's board of directors.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":100111905,"gmtCreate":1641303424658,"gmtModify":1663241929033,"authorId":3556582009315298,"author":{"id":3556582009315298,"idStr":"3556582009315298","authorId":3556582009315298,"name":"doubleZ","avatar":"https://static.tigerbbs.com/90d125f550abadf09dc8f4dace09e00c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":695988334,"type":1,"supId":0,"prevId":0,"content":"Yup. im glad you share this. Don’t know why people like to hype Tencent. They slowly take people’s money just like evergrande ","text":"Yup. im glad you share this. Don’t know why people like to hype Tencent. They slowly take people’s money just like evergrande ","html":"Yup. im glad you share this. Don’t know why people like to hype Tencent. They slowly take people’s money just like evergrande "}],"langContent":"CN"},{"id":9001434431,"gmtCreate":1641298946998,"gmtModify":1676533594349,"author":{"id":"4091753544363040","authorId":"4091753544363040","name":"Ahlec","avatar":"https://static.tigerbbs.com/81afb03fdd19de870e28208208ff7909","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"4091753544363040","idStr":"4091753544363040"},"htmlText":"Time to buy","listText":"Time to buy","text":"Time to buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001434431","repostId":1172090539,"repostType":4,"repost":{"id":"1172090539","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1641297118,"share":"https://ttm.financial/m/news/1172090539?lang=&edition=fundamental","pubTime":"2022-01-04 19:51","market":"us","language":"en","title":"Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1172090539","media":"Tiger Newspress","summary":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd","content":"<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent to reduce voting stake in Singapore tech group Sea,the latter fell nearly 5% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-01-04 19:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sea fell nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/4e48734bab7df39f0f77d5a6facdffd5\" tg-width=\"770\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.</p><p>In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.</p><p>Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia&#39;s most valued company.</p><p>Tencent has also agreed to terminate its proxy to Li after the conversion.</p><p>Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.</p><p>It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.</p><p>Separately, Li holds about 54% of the total voting power related to the size and composition of Sea&#39;s board of directors.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd","00700":"腾讯控股"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172090539","content_text":"Sea fell nearly 5% in premarket trading.Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, reducing its voting power to less than 10%.In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ordinary shares.Upon conversion, all outstanding class B shares of Sea will be beneficially owned by Forrest Li, the founder, chairman and CEO of Sea, whose market value of $124 billion makes it Southeast Asia's most valued company.Tencent has also agreed to terminate its proxy to Li after the conversion.Sea said the changes are subject to approval by its shareholders at its annual general meeting on Feb. 14.It said that once the changes are made, the outstanding Class B ordinary shares beneficially owned by Li are expected to represent about 57% of the voting power, up from about 52%.Separately, Li holds about 54% of the total voting power related to the size and composition of Sea's board of directors.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":195,"commentSize":32,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}