Tencent joins Alphabet, Amazon and Facebook as market valuation tops $500bn
![Tencent joins Alphabet, Amazon and Facebook as market valuation tops $500bn Tencent joins Alphabet, Amazon and Facebook as market valuation tops $500bn](https://lovelymobile.news/wp-content/uploads/2017/11/sony-and-tencent-have-struck-a-music-distribution-deal-for-china-701x394.jpg)
Tencent has become the first Asian company to be valued at more than $500bn after shares hit a record high on November 20. The Chinese Internet giant’s shares closed at HK$420 per share on the Hong Kong Stock Exchange on November 21, boosting Tencent’s market value to $510.7bn. The valuation sees Tencent join Apple, Alphabet, […]