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Tencent becomes first Asian company valued over US$500b

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Ann Williams

Published Tue, Nov 21, 2017 · 09:50 PM

Singapore

CHINA'S Tencent just became the first Asian company to crack the illustrious US$500 billion club.

The Hong Kong-listed Internet giant, known for its WeChat messaging app and online games, saw its shares rally to HK$420 on Monday, bringing its market value to HK$3.99 trillion (S$693.59 billion) at the close.

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