Tencent Holdings Stock Slips 2.7% in Hong Kong, Underperforms Competitors

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Tencent Holdings Stock Slips 2.7% in Hong Kong, Underperforms Competitors

Dow Jones16:33

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

Shares of Tencent Holdings Ltd. slid 2.7% to 447.40 Hong Kong dollars on what proved to be an all-around grim trading session for the Hong Kong stock market, with the Hang Seng Index falling 1.4% to 24493.95.

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

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

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

Trading volume totaled 24.3 million shares, compared to the 50-day average of 29.6 million shares.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

June 16, 2026 04:33 ET (08:33 GMT)

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HK$683.00, which the company reached Oct. 2. \n</p>\n<p>\n     The stock underperformed when compared to some of its competitors, as <a href=\"https://laohu8.com/S/600941\">China Mobile</a> Ltd. fell 0.7% and <a href=\"https://laohu8.com/S/00082\">Crazy Sports</a> Group Ltd. fell 1.2%. \n</p>\n<p>\n     Trading volume totaled 24.3 million shares, compared to the 50-day average of 29.6 million shares. \n</p>\n<p>\n  Data source: Dow Jones Market Data, FactSet \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 16, 2026 04:33 ET (08:33 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"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\" 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