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Overtakes Tencent as Most Valuable Chinese Company","url":"https://stock-news.laohu8.com/highlight/detail?id=2659153132","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2659153132?lang=en_us&edition=fundamental","pubTime":"2026-08-13 18:23","pubTimestamp":1786616618,"startTime":"0","endTime":"0","summary":"ChangXin Memory Technologies  has overtaken Tencent  as the most valuable Chinese company, according to data from TradingView.Newly listed CXMT's market capitalization reached $530.1 billion, eclipsing Tencent's $529.3 billion.Tencent's valuation slid to $510 billion while facing concerns over its AI investments, Bloomberg reported 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(SEHK:700) Stock Can AI Revenue Outrun A Cash Flow Crunch?","url":"https://stock-news.laohu8.com/highlight/detail?id=2659152331","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2659152331?lang=en_us&edition=fundamental","pubTime":"2026-08-13 18:20","pubTimestamp":1786616455,"startTime":"0","endTime":"0","summary":"Tencent Holdings went into this earnings print with the stock drifting, down about 8% over the past week and 3% over both the past month and quarter, even as trailing earnings had grown and the P/E sat near 14x. The surprise was not on the income statement. The real jolt came from the cash flow statement, where a heavy artificial intelligence compute push turned second quarter free cash flow negative and cut net cash to RMB 58.2b. The market is now weighing that AI investment bill 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Capital Inflows: Net Buying of 36.67 Billion HKD as Tencent's Capital Expenditure Exceeds Expectations, Leading to a 56 Billion HKD Bargain Purchase","url":"https://stock-news.laohu8.com/highlight/detail?id=1170722004","media":"Stock News","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1170722004?lang=en_us&edition=fundamental","pubTime":"2026-08-13 18:04","pubTimestamp":1786615449,"startTime":"0","endTime":"0","summary":"On August 13, the Hong Kong stock market saw net buying of 36.67 billion HKD from Southern Capital. 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Revenue rose 16% year-on-year in the second quarter. CEO Sergio Ermotti is on track to finish axing $13.5 billion of costs by the end of this year from the integration of Credit Suisse. Finally, the pre-tax profit margin has noticeably improved in the historically troubled U.S. wealth-management unit.Just as importantly, bank valuations have changed too. U.S. rivals on average now trade at 2.5 times forward tangible book value, with Morgan Stanley leading the pack at a towering multiple of 3.7. UBS still falls well short on this gauge, probably in large part because of the capital question.The key takeaway from all this is that a possible Swiss capital hit would still be very painful, but it would erode UBS's returns from a higher base. 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Issues 20.37 Million New Shares Under Incentive Plan","url":"https://stock-news.laohu8.com/highlight/detail?id=1149915469","media":"Stock News","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1149915469?lang=en_us&edition=fundamental","pubTime":"2026-08-13 17:11","pubTimestamp":1786612263,"startTime":"0","endTime":"0","summary":"Tencent Holdings Limited (00700) has announced the issuance of 20.37 million new shares.According to the company's statement on August 13, 2026, the shares were issued under the terms of a 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& Toubro Unit Bags NVIDIA AI Factory Contract","url":"https://stock-news.laohu8.com/highlight/detail?id=2659137206","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2659137206?lang=en_us&edition=fundamental","pubTime":"2026-08-13 17:05","pubTimestamp":1786611935,"startTime":"0","endTime":"0","summary":"Larsen & Toubro  unit Vyoma.AI bagged a single-cluster AI infrastructure project for a NVIDIA B300 AI Factory for U.S.-based AI cloud innovator Together AI.Vyoma.AI will implement the project through its unit LTN Compute, which currently builds AI-ready digital infrastructure in India, according to a Thursday Indian bourse filing.The factory will power AI Native Cloud platform for large-scale inference, fine-tuning and training, boosting India's AI infrastructure ecosystem, and supporting global innovation.The AI Factory, hosted at Vyoma's Chennai data centre, will have a capacity of 10,000 B300 NVIDIA 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Kong Market Close August 13: Hang Seng Index Declines 0.17% as Tencent Slumps Over 4% Post-Earnings; Lenovo Surges 20% to Record High","url":"https://stock-news.laohu8.com/highlight/detail?id=1176927262","media":"Stock News","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1176927262?lang=en_us&edition=fundamental","pubTime":"2026-08-13 16:49","pubTimestamp":1786610991,"startTime":"0","endTime":"0","summary":"Hong Kong's three major stock indexes ended Tuesday's session with mixed results, as the Hang Seng Tech Index briefly rallied over 1% in the afternoon. 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