Tencent’s performance reflects optimism that China’s economic growth can find its way back to where it was before lockdowns.
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Investors are no longer turning a blind eye to risks facing Apple, an about-face that threatens more pain for the stock.
A steady slide in Apple shares pushed the iPhone maker’s market value below $2-trillion, the latest casualty in the tech stock rout.
The move reinforces hopes that Beijing is easing a crackdown on the world’s largest mobile gaming arena.
Tesla CEO Elon Musk told employees that they should not be “bothered by stock market craziness” after the company’s shares fell nearly 70% this year.
Apple shares touched their lowest level since June 2021 on Tuesday amid an ongoing selloff of big tech stocks.
The salad days may be over, but a period of true advancement is now baked into the future of technology.
Ayo Technology Solutions has severely criticised the JSE after the bourse on Thursday publicly censured the company.
In a rare show of frustration, Pony Ma said internal reviews this year had exposed corruption and mismanagement at Tencent.
The JSE has fined Ayo Technology Solutions and publicly censured the company over further breaches of the listings requirements.