Rumor: Tencent to Repurchase Shares And Head for Nasdaq
From Pacific Epoch: Rumor: Tencent to Repurchase Shares And Head for Nasdaq
"Chinese IM giant Tencent (0700.HK) has announced that it might repurchase up to 10 percent of common shares, according to a report on Sohu.com. According to the report, insiders think this might have a connection with the company's purported plans for a US listing."
China Net Investor: Tencent Technology operates the most popular Internet instant messaging service in China. Tencent develops its business in three strategic directions, consumer IM, enterprise IM and Infotainment.
DBS Vickers on Tencent: Tencent - a major game player in the making