Point Roberts, WA - May 28, 2013 (Investorideas.com newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector research for independent investors issues an alert for Chinese social media stocks
Tencent Holdings Ltd. (TCTZF), (SEHK 00700) services include QQ, Weixin and WeChat for communications; Qzone for social networking; QQ Game Platform for online games; QQ.com for information; as well as our eCommerce open platform.. The company reported first quarter results May 15 th . Total revenues were RMB13,547.6 million (USD2,161.1million[1]), an increase of 11.5% over the fourth quarter of 2012 ("QoQ") or an increase of 40.4% over the first quarter of 2012 ("YoY"). The stock has made some big moves for investors in the past month, with a low range of just under $30 to trading as high as $40 and now currently trading at $38.
- Published: 27 May 2013
- Written by Investor Ideas